Rebel Traders 012 : Two Bulls Walk into a Bar…
This week the Rebel Trader trade off with the opening line of a joke that turns in to a deeper insight of what happens when people underestimate worse case scenarios..
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So, two bulls walk in to a bar… What happens next is the core topic of consideration in this weeks Rebel Traders podcast as Sean and Phil discuss worse “It will never happen” scenario's where no matter what position you take on a stock, no matter how certain you are of a position, sometimes the markets will throw you an unexpected curve ball or black-swan event that no-one saw coming…
Not only that, and the relative war-stories every trader tells of when the market decides to smack you up-side the head, the Rebel Traders discuss the dangers of relying on indicators and “Signals” as a definitive restrictive mindsets and break common market myths and misconceptions…
Buckle up and strap-in, we're in for a wild ride…
3 Key Takeaways From This Show
- There will be times when things don’t go your way.
- Stick to what you are good at.
- Know your positions and don’t make moves based off fear.
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