First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pressure on weaker human traits and seems to seek out each individual's Achilles' heel. — Gil Blake Copy Share Image
Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. In my view, losses are a very important part of… — Gil Blake Copy Share Image
Opportunities change, strategies change, but people and psychology do not change. If trend-following systems don’t work well, something else will. There’s always money being… — Gil Blake Copy Share Image
If you break a discipline once, the next transgression becomes much easier. — Gil Blake Copy Share Image
The critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all… — Gil Blake Copy Share Image
First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts… — Gil Blake Copy Share Image
Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the… — Gil Blake Copy Share Image
