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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
Trading decisions should be made as unemotionally as possible.
Richard Dennis
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.
Richard Dennis
A good trend following system will keep you in the market until there is evidence that the trend has changed.
Richard Dennis