Interview with Traders: Parallels between Martial Arts and Trading - EzeeTrader [Video]
|In today’s interview with traders segment, we have Neil De Parfrement, a 4th Dan Karate expert and a Trader explain the parallels between the competitive martial arts and trading. He details his journey from being a martial arts practitioner for 30 years and now a trader in financial markets. He states the psychology required for trading could be developed via Karate or competitive sports.
Key points
Fear of missing out usually leads to overtrading
Avoid overtrading
Revenge trading usually leads to more losses
Focus on selected pairs/instruments as Parfrement does so that we began noticing seasonality and individual behavior of pairs/instruments.
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