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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who started this subject3/21/2004 3:35:39 PM
From: Canuck Dave  Read Replies (3) of 313406
 
How to survive in the markets in one easy lesson.

From John Mudlin's latest....

"I do not know his personal record, but I will bet you a side dollar that he will be a very happy man if even 50% of his trend-following trades in a year are successful, as are most trend-followers. They cut their losing trades very quickly and let their winners ride. It is a risk management discipline that few ever learn, but those that do can do quite well for themselves and their clients."

That's about it in a nutshell.

Take those losses! Make up the money on something else.

CD
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