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Can't take a small loss? Be ready to take the mother of all losses!
Manage episode 312844272 series 3248292
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This podcast discusses Ed Seykota's famous quote "If you can’t take a small loss, sooner or later, you will take the mother of all losses"
Traders or investors need to be willing to take losses when they are small, before they bigger and bigger - eventually you'll take a major loss.
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