“There is another point that I think is as important: You should expect the unexpected in this business; expect the extreme. Don’t think in terms of boundaries that limit what the market might do. If there is any lesson I have learned in the nearly twenty years that I’ve been in this business, it is that the unexpected and the impossible happen every now and then” IfsThinkingShouldYearsImportantMightHappensTermImpossibleLessonsLimitsTwentiesExtremesBoundariesUnexpectedNow And ThenI Have Learned Author:Richard Dennis
“The market being in a trend is the main thing that eventually gets us in a trade. That is a pretty simple idea. Being consistent and making sure you do that all the time is probably more important than the particular characteristics you use to define the trend. Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.” IfsShouldImportantIdeasUseSimpleParticularApproachMajorsMethodTradeCriticalCharacteristicsConsistentTrendsSimple Ideas Author:Richard Dennis