
#23: Jerry Parker On Finding Your True Calling In Life And The Markets
Superinvestors and the Art of Worldly Wisdom
The Importance of Diversification in Trend Falling Trading
I mean every any other strategy besides just a passive buy and hold approach looks you know stupid in retrospect but that's going to be the case. The approach needs desperately needs lots of diversification it's the winning trades or we have 60% losing trades, so trade the fewer markets. We're sort of hostage to not only trading things that are not stocks but needing to trade lots of different instruments to cushion and shock absorb a strategy that has these negative characteristics of 60 per cent losing trades.
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