02Feb2:44 pmEST
Here is some fascinating wisdom from a legendary trader, which runs contrary to many trading systems and philosophies. My take-There is a ton of merit to what Paul Tudor Jones is saying, provided that you maintain stop-loss discipline along the way to catching said top or bottom.
Hat Tip to @z8angela on my Twitter stream for posting this.
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
