Winning In The Futures — Markets By George Angell Pdf

If you enjoyed this analysis, consider reading "Reminiscences of a Stock Operator" by Edwin Lefèvre for historical psychology, or "High Probability Trading" by Marcel Link for modern risk management.

Angell pioneered a strict risk management protocol known informally as the "10-Point Rule." In the volatile futures markets, he argued that most winning trades move quickly in your favor. If you are in a trade and it moves 10 points in your favor (adjusted for the specific contract), you should not let it turn into a loser. His rule was: winning in the futures markets by george angell pdf

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