Christopher Vecchio is a senior currency strategist at DailyFX. He has been trading equities since 2004 and forex since 2008.

Christopher has consulted multi-national firms on ... more

Christopher Vecchio is a senior currency strategist at DailyFX. He has been trading equities since 2004 and forex since 2008.

Christopher has consulted multi-national firms on FX hedging and has lectured at Duke Law School on FX derivatives trading. He focuses on both fundamental and technical analysis.

Christopher has a B.A. in Economics and a B.A. in Political Science from Lafayette College and has been a CFA charter holder as of August 2017.

Most Important Trading Lesson Learned:

“Trading is about taking decisive action, but you need to be divorced from your emotions. Getting married to a position in the market is a result of many cognitive biases interfering with a sound trading and investment strategy. It’s important to remain objective and be willing to admit defeat as soon as the evidence accumulates against your favor. It’s better to take a small loss and admit you were wrong than take a big loss because you insisted that you were right.”