036: Peter Brandt – Trading Since 1975, Lessons From 40+ Years of Extraordinary Returns
Chat With Traders
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The Importance of Timing
I generally risk 1% or less of my trading capital on a given trade and I will arc its with pretty close stops. As long as a market is going in my direction as long as I have a feel that it has further to go, I'll tend to stay with the trade but I do not use trailing stops. My job is basically that of a glorified order-enterer you know I want to make sure that the order it makes sense based on the chart that I'm looking at.
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