The Daily Ticker: EP 16: Succeeding Despite Adversity

How to embrace the right mindset to succeed despite challenges that might seem like adversity but are actually the right lessons at the right time.

Pete Renzulli | Stock Trading Pro 

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I. Introduction

A. Market is set to reach all-time highs

B. Importance of reducing position size

   1. Been talking about for weeks

   2. Critical when market is not clearly trending

   3. Applies unless a specific industry is breaking out 

   4. Good trading is reducing size when market not obvious

   5. Day trading has still had opportunities

II. Long Term Thinking is Key

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