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Easy Trade, Difficult Discipline

Post Views: 76 One of the greatest traders of all time is Stanley Drakenmiller. Drakenmiller worked with George Soros in March 2000, when he bought $ 6 billion in technology stocks and lost $ 3 billion in six weeks, leaving his position at Soros. When Drakenmiller was asked what he learned from this huge loss, his answer was: “I learned nothing. I already knew I shouldn’t do this. I was just an emotional basket and I couldn’t help myself. So maybe I learned not to do it again. But I already knew that. “ While the magnitude of the loss Drakenmiller suffered is certainly remarkable, the fact that he was undisciplined and did something he knew he shouldn’t do is…

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 Dealer Anatoliy Pavlov

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