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Traders - Are You a Trend Following Trader?
Jerry Parker: I think one of the things that happened over the years was trend following started to change. It started to change from let your profits run to what's the sharp and we need to be very concerned with these return, our performance,. daily performance, weekly performance, monthly performance rates of returns. You can lose hundreds of basis points on profitable trades but if it's a drawdown on a profitable trade you're doing something right.