The Inner Voice of Trading Podcast

Paul tudor jones used to do this throughout the early part of his career in not anting to have double digit losses at any period of time for ay, like a month. So if he was down eight % finishing through the second week of the month, he would be super vigilant and trade much smaller. You can kind of do the same thing as you're coming in to the end of the year. Now, again, if it's just your money, what do you care? You can just trade, do what you do. But if you're trying to manufacture a track record, it's very valuable to you to be able to have a positive rate of return.