Monday, November 26, 2012

Every Trader Must Come To Terms With Losing

As you may have noticed, futures trading is a humbling vocation. every trader must come to terms with losing, because all traders lose. In fact, most traders lose most of the time. It`s the bottom line that counts - winning more than you lose. But since losses are unavoidable one other primary principle of trading is to limit your losses. - in Hot Commodities

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).