Episode 28: Live from NYC with Jerry Parker
Fill The Gap: The Official Podcast of the CMT Association
How to Avoid Letting Profits Turn Into Losses
You could be doing the right thing and still losing money. No one likes big profits to turn into losses. I just think the best strategy is they don't look at the markets in a particular way. They just, you have the rule, you're going to follow the rule. If it tends to happen that you get back a lot of profit, then that, you should embrace that as that's a characteristic of the system. And this is like these systems are our little children. They have some characteristics we don't like, but we love them even when it doesn't feel good.
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