Trading Advice: Emotions, Cutting Losses - pt. 1 Sasha Evdakov, Tradersfly

This video contains trading advice that is perfect for beginners who are looking to get into the market-- whether they want to pursue momentum trading or a more Buffett-type value investing approach.

Some of the concepts are important to remember regardless of where you are on the journey-- things like cutting your losses short and letting your winners ride, and not letting your emotions dominate your trading approach.

Although I'm personally more of a long term investor rather than someone looking for trading advice, I found the tactics recommended here to be useful even when buying stocks in the long term. Trailing stops continue to be part of my investment philosophy and it was great to get Sasha's expertise on this type of investing.

--Sasha talks about his entrepreneurial roots
--The importance of not chasing short term profits
--How pursing education for trading needs to happen if you expect to have success
--How the "little guy" can compete in the same game that these "stock operators" like Warren Buffett and Carl Icahn are playing
--The emotional nature of the stock market and how traders need to find the balance of it
--The Bruce Lee quote "be like water" and how to relate it to losing trades
--Why your psychology can work against you when it comes to stock losses

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[autocity]

good video but would have been way better if sasha was coming in more clearly.