I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next… — 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 Image
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 Image
A good trend following system will keep you in the market until there is evidence that the trend has changed. — Richard Dennis Copy Share Image
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 Image
When you are getting beat to death, get your head out of the mixer. — Richard Dennis Copy Share Image
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 Image
Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes. — Richard Dennis Copy Share Image
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 Image
You should always have a worst case point. The only choice should be to get out quicker. — Richard Dennis Copy Share Image
