Can we agree on trading rule 3?

JPG wrote here:- “To be honest, I think Cassini would have been better in extracting rule 3 instead of rule 2, as that appears to be one rule which has most aligned significance for both types of trader. Poor money management can bankrupt the very best cold traders, inplay traders and out & out value bettors.” Are we agreed?

This was in response to my original post below where Rule 2 started a rather lively discussion as you’ll see above. Rule 1 hasn’t been touched on yet so can I asssume we’re in agreement there perhaps?

I have more to say about JPG’s considered opinion here on Monday in the trading post which I hope to write later.

And BTW Johnny Gambler’s dived in to the fray with a bit more here. Why should you or me think we are brighter than the market?

Have a great weekend everyone – mine starts now.

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  1. JPG says

    I take it as there’s been no comments so far on this post, everyone agrees with me then?! 🙂

    MOM, keep up the radio shows, always a very worthwhile listen (even when the jingles are very faint!) Havent had much chance to listen to them live yet but always listen to them later on.


  2. Man of Mystery says

    Hi JPG, me thinks Christmas shopping is upon us. It is for me. May I take this opportunity to wish you and your family a very happy Christmas and prosperous new year.

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