Devastating loss

After a devastating loss, I always play very small and try to get black ink. It’s not how much money I make, but just getting my rhythm and confidence back. I shrink my size totally — to a fifth or a tenth of the position that I trade normally. And it works. I think I ended up losing only $57,000 in November 1982, after taking a $600,000 hit on November 4. – Marty Schwartz

Devastating loss

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites