3min chapter

Forward Guidance cover image

Key Principles For Successful Trading | Simon Ree

Forward Guidance

CHAPTER

How to Maximize Your Chance of Winning

Wall Street has been peddling this story forever that high returns, high risk equals high returns. But we need to think about what risk actually is: Risk is the possibility of losing. And I would postulate that if you want to maximize your chance of winning and getting great returns, you got to do everything you responsibly can to minimize your chance of losing. If they're reading the title of trading, the best book of finance ever, if they're not getting the message or they're misinterpreting it, there are risks.

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