“When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the confidence factor, which is a by-product of a losing streak. You have to work very hard to restore that confidence, and cutting back trading size helps achieve that goal.”
Quote by Bill Lipschutz
Author
Bill Lipschutz
Bill Lipschutz, born in 1956, is a renowned trader. He has achieved significant success in his career in the financial markets, known for his unique trading strategies and profound understanding of market trends. more