Do Not Lose
January 28, 2016 6 Comments
“I care deeply about making money. I want to know I’m not losing it…. The most important thing for me is that defence is ten times more important than offense… You have to be very focused on the downside at all times.” – Paul Tudor Jones
If you lose 50%, it takes 100% to get back to where you started- and that takes something you can never get back: time.
sorry I meant apprehensive
Don’t worry.
Wise words indeed. But I’m frankly getting apprehensions with your warnings.
Don’t.Its normal stock market behaviour that helps us make “equity-like” returns.
Ok will stick it out
First just evaluate the stocks you have and your purchase price.