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.



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).

Investing: "It`s Never Different This Time"

"Well, in the laws of economics, in the laws of history, in the laws of politics, and in the laws of society, it`s never different this time. The law of gravity isn`t ever suspended for someone`s convenience, and these laws are just as rigorous, though more subtle and complex." - in Investment Biker

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).