Most important rule of trading

The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. I do that so I can define my maximum possible drawdown. Hopefully, I spend the rest of the day enjoying positions that are going my direction. If they are going against me, then I have a game plan for getting out. – Paul Tudor Jones

Most important rule of trading

Igor Marinkovic

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