Jack and Mari take a break this episode, but Kyle’s keepin’ it real after a HARD trading day. Need proof as to why transparency matters? Even on green days, you can have reckless trades. Find out how this seasoned trader holds himself accountable!
The wrong trade could end a beginner’s potential trading career. It’s why you need to follow smart rules, trade small, and focus on your knowledge account.
That’s something traders have to remember — no matter how long they’ve been in the game. Making money isn’t the only goal for traders. Discipline, rules, and safety always matter.
Kyle’s admittedly a little embarrassed that he failed to follow these basic trading principles on one trade, in particular, Avis Budget Group Inc. (NASDAQ: CAR).
He saw a great short-selling opportunity with CAR, but made a grave mistake…
Tune in to learn all the uncomfortable details with Kyle in a complete trade breakdown.
Kyle notes he dodged a bullet AND that everything about this trade was entirely unacceptable. Check out these key lessons, so you can hopefully avoid a similar situation yourself.
And, don’t worry, it’s not all rough news. Tune in for more on his trades on Hertz Global Holdings Inc. (OTCPK: HTZZ), Ocugen Inc. (NASDAQ:OCGN), and Tesla Inc. (NASDAQ: TSLA).
Don’t miss out on all the details and valuable lessons learned.
And be sure to leave a comment with any trading wisdom you discovered with Kyle today!
Missed last week’s episode? Watch it here.