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... in percentages.
That was the difference, at least in his mind, between retail traders and people who actually understood capital. Retail traders fixated on money in its most emotional form—how much they made, how much they lost, how exciting it felt when numbers jumped and how sickening it felt when they dropped. Serious operators looked at something else. Exposure. Execution. Return on capital. They measured performance in a language that stripped emotion out of the result.
Mon ...
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