This podcast episode delves into the nuances of trading, highlighting the balance between win rate and win-loss ratio, the distinct approaches to risk management among institutional and private traders, and the competitive edge retail traders can harness despite institutional advantages. Petra shares her transition from institutional to private trading, emphasizing the value of collaboration and support in navigating the solitary landscape of private trading. Her insights from participating in the World Cup Championship illustrate the importance of motivation, finding the right partners, and maintaining patience and humility in trading decisions, ultimately underscoring that a losing trade doesn't equate to failure.