Trading with the Consistency of Mariano Rivera

Trading with the Consistency of Mariano Rivera

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Episode
65 of 1242
Duration
9min
Language
English
Format
Category
Economy & Business

Consistency is the key to your success as a trader. You might have to learn to deal with the monotony in order to do so. New York Yankee Closer Mariano Rivera had one pitch that he relied on - a cut fastball - and although the opposing teams knew the pitch was coming, he was very effective at what he did. Rivera has the most Saves in the history of MLB. You can reduce your activity to what creates alpha and trade set ups that have positive expected value. Be economic in your activity b/c you'll also need to conserve your energy. It's a marathon, not a sprint. Do one thing very well, create alpha, and keep losses small and you'll have a long career. Get your free copy of the Inner Voice of Trading Audiobook.


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