47sec snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP137: Jim Rickards - Interest Rates and Central Bankers

We Study Billionaires - The Investor’s Podcast Network

NOTE

Profit from Trends in Investing

One of the most effective investment strategies is trend following. The key is to identify a trend, ride it, and use tight stops. The fundamental principle is to let profits run and cut losses short. If a position goes well, stick with it; if it goes wrong, exit quickly, take a break, and reassess the next day.

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