Saturday, January 5, 2013

Short Term Trades And Market Timing

"Its interesting, I am long the dollar right now, more then I have been for 2 or 3 months. I am sure I am going to lose money. Whenever I try a short term trade, a call on market timing, I nearly always lose money. So, I am sure, I deserve to lose money for trying it again." in CNBC

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).