Disliked{quote} Actually, it's worth reading 'he who shall not be named' just to see the actual power of that concept. I've heard it said that proper money management is the only true holy grail in this business. But there is one more thing about the trading style of 'he who shall not be named' , which was that he didn't trade with no stops indiscriminately. He left shorts running, not longs, because of his fundamental view, which also has something to do with it.Ignored
Piggy backing onto MAXDOOM's point, with proper money management (and the right fundamental view)- one can transcend the 4 decimal point thinking into the 2 decimal point thinking.