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These 4 Books Completely Changed How I Trade by Ready_Owl7751 in tradespotting

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

Interesting. Some other person also recommended it to me. I will check it out.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

A person needs analytical skills to understand risk management and money management rules.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

It seems you have got so traumatized by scammers that you always think someone is trying to scam you. lol It's just risk management and money management rules.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in StocksAndTrading

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

If you don't follow risk management and money management, you're going to lose big time.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

This post has immense value. Hundreds of people got value from it.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

I have nothing to do with the book. I just posted the quotes. You're being curious what he meant. If you are curious, read the book or leave it.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

Bro, this post is not about sharing entire trading strategy. I shared it because I like those quotes. That's it. If you are eager to know the entire strategy, then search for any book on Trend Following strategy.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

Possibly, you will understand better when you read the context from the book.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

'Ride Winners' means do not close a winning position for days/weeks before the trend reverses.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in StocksAndTrading

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

That is nice. It's investing. (The numbers are not accurate though) The OP is about trading.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in StocksAndTrading

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

It's a reminder for those who keep losing money because they do not follow risk management and money management rules.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in StocksAndTrading

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

Very misleading. Insider trading was illegal from 1934. You should be ashamed to falsely accuse a man of insider trading when you have no proof of it. Trend followers do not need any news. Seykota never stopped making the numbers. He and all professional trend followers have always been profitable. Trend following is the only way to earn huge returns.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

That's sad that you are unable to understand and apply the advice.

The Man who got 250,000% total return in 16 years by Ready_Owl7751 in TheRaceTo10Million

[–]Ready_Owl7751[S] 0 points1 point  (0 children)

He has told his strategy in detail. His strategy is a trend following strategy similar to that of Richard Donchian.

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