Importance of Risk Management in Trading According to Paul Tudor Jones

Reported 4 months ago

Emphasizing the importance of risk management in trading, Peter Borish, chairman and CEO of Computer Trading Corporation, references his former colleague Paul Tudor Jones to highlight how past recession and interest rate predictions failed. Borish stresses the need for a defined methodology and knowing when to admit being wrong for success in trading. This discussion took place on Yahoo Finance’s 'Stocks in Translation' with Jared Blikre and Sydnee Fried.

Source: YAHOO

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