Dr. Marc Kramer interviews Andrew Bandika, a trader and investor, in this episode of The Money Adjustment. They discuss their experiences in trading and the importance of having a trading plan and risk management. Andrew shares his journey into day trading and the lessons he learned along the way. They also touch on the psychological aspect of trading and the need for discipline and emotional control. Dr. Kramer emphasizes the importance of education and continuous learning in trading. The conversation explores different trading styles and strategies, emphasizing winning more than losing. The speakers discuss risk tolerance, position sizing, and the psychological aspect of trading. They also touch on different types of traders, such as scalpers, day traders, swing traders, and core traders. The conversation highlights the need for a non-negotiable trading plan and the importance of tracking and analyzing trading results. They also mention the significance of understanding market trends and industry-specific factors.

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