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Strategies & Market Trends : Trading For A Living

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To: R Stevens who wrote (1)5/20/1998 9:09:00 AM
From: Henry Volquardsen   of 1729
 
You make an interesting point. A lot of people have been successful in the market over the past few years. Many of these people attribute their success to their own trading acumen when in fact they have just been riding a powerful trend. To be successful as a trader you need to learn how to handle bull and bear moves. That doesn't necessarily mean becoming a short seller but could mean learning defensive tactics. I study military history and one of the maxims is that you can judge the greatness of a general by his ability to both attack and retreat.
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