There is another point that I think is as important: You should expect the unexpected in this business; expect the extreme. Don’t think in terms of boundaries that limit what the market might do. If there is any lesson I… — Richard Dennis Copy Share Image
There is another point that I think is as important: You should expect the unexpected in this business; expect the extreme. Don’t think in… — Richard Dennis Copy Share
You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a… — Richard Dennis Copy Share
A good trend following system will keep you in the market until there is evidence that the trend has changed. — Richard Dennis Copy Share
I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline. — Richard Dennis Copy Share
Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that… — Richard Dennis Copy Share
Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes. — Richard Dennis Copy Share
I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will… — Richard Dennis Copy Share
You should always have a worst case point. The only choice should be to get out quicker. — Richard Dennis Copy Share
The market being in a trend is the main thing that eventually gets us in a trade. That is a pretty simple idea. Being… — Richard Dennis Copy Share
When you have a position, you put it on for a reason, and you've got to keep it until the reason no longer exists. — Richard Dennis Copy Share
I always say that you could publish trading rules in the newspaper and no one would follow them. The key is consistency and discipline.… — Richard Dennis Copy Share
