258: Alexander Moreno - Snowballing Losses and the Courage to Come Clean, Heal & Rebuild - podcast episode cover

258: Alexander Moreno - Snowballing Losses and the Courage to Come Clean, Heal & Rebuild

May 01, 20231 hr 12 minEp. 258
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Episode description

Dedicating significant hours to books and market analysis, Alexander Moreno sought regular counsel from a seasoned trading mentor. After refining his abilities through months of paper trading, he ventured into live trading, reaping consistent profits as planned. This success bolstered his confidence to trade full-time as a livelihood. However, the unforeseen market turbulence in 2008 unleashed his psychological struggles, leading to impulsive trading and ultimately, homelessness. This harrowing experience granted Alexander invaluable insights that he now imparts to others. This might be one of the most important episodes to listen to in a while when it comes to the topic of frank discussion on losses in trading and the practicality of managing risks so that traders can stay in the game long enough to have the opportunity to learn and improve. Learn more about your ad choices. Visit megaphone.fm/adchoices
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258: Alexander Moreno - Snowballing Losses and the Courage to Come Clean, Heal & Rebuild | Chat With Traders podcast - Listen or read transcript on Metacast