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Paul Tudor Jones
Paul Tudor Jones: Risk control is the most important thing in trading
Paul Tudor Jones: "If I have positions going against me, I get right out; if they are going for me, I keep them... Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in."
Most of people only focus on how much this trade could make. Never think about what if it lost.
Paul Tudor Jones: Don't focus on making money; focus on protecting what you have
Paul Tudor Jones: Don't focus on making money; focus on protecting what you have
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