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 an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
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Every Trader Must Come To Terms With Losing