donaldduke
Experienced member
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I dont keep any trading related stuff above my desk. Dont want the wife to know i
trade! (atleast until i make my first million).
Anyway the question made me recall this picture ive seen of Paul Turdor Jones (of Market
Wizards Fame), whos trading style was to buy bottoms (and sell tops) by repeatedly buying,
taking small losses, and retrying again until he manages to catch the turning point.
http://www.streetstories.com/images/ptj_2.jpg
The temptation to average losers must be very great with his style of trading.
trade! (atleast until i make my first million).
Anyway the question made me recall this picture ive seen of Paul Turdor Jones (of Market
Wizards Fame), whos trading style was to buy bottoms (and sell tops) by repeatedly buying,
taking small losses, and retrying again until he manages to catch the turning point.
http://www.streetstories.com/images/ptj_2.jpg
The temptation to average losers must be very great with his style of trading.