Part 3/4:
Sosnoff's approach to trading is heavily influenced by his background as a market maker on the trading floor. He emphasizes the importance of maintaining a positive mindset and not getting overly emotional about losses. Sosnoff believes that the key to success in trading is managing risk, with position sizes typically ranging from 0.5% to 3% of his portfolio.
The Future of Finance and the Role of Technology
Sosnoff is excited about the potential of new technologies and financial innovations, such as digital assets and event-based markets. He believes that the tokenization of assets and the expansion of trading into new domains, like politics and sports, will be transformative for the financial industry.
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