May 29, 2006
Performing Brain Surgery on a Mouse
Live fast and prosper, by Sinclair Stewart
A profile of Canadian block trader/salesman Mike Wekerle.
“The average person, when they trade, they ride their losers and sell their winners,” he says. “You’re hopeful that maybe the losers come back. The winners go up 20 cents and you’re happy, and you get out. The losers, you keep feeding. That’s human nature. The best traders cut their losses and ride their winners. It’s a very hard discipline to get into.”
- via Paul Kedrosky -
Cat: | Time: 1:52 pm (utc+8)
