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When you have a position, you put it on for a reason, and you've got to keep it until the reason no longer exists.

Richard Dennis

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Richard Dennis
Age: 75
Born: 1949
Born: January 9
Commodities Speculator
Day Trader
Floor Trader
Chicago
Illinois
Richard J. Dennis
Exists
Longer
Position
Keep
Reason

More quotes by Richard Dennis

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I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.
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A good trend following system will keep you in the market until there is evidence that the trend has changed.
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Trading decisions should be made as unemotionally as possible.
Richard Dennis