25Dec1:53 pmEST

George Washington's Bold Christmas Gamble

We often discuss the risk management aspects about trading and markets, be it position sizing, stop-loss placement, selectivity of actual trades placed, broad market and psychological considerations, not to mention external factors like earnings, known risk events, and so forth. All of those elements can go a long way towards sustainability as a market player. 

However, there is a time and a place for making an occasional bold bet. 

George Washington did just that on Christmas Night, 1776. It does not get any more iconic than that as far as the birth of America as well as changing the entire momentum of the Revolutionary War. 

Holiday Trading Theory 12/23... Santa is Officially in Town


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