Monday, March 15, 2010

 
 
 

 
 
 
 
 
How "The Babe Ruth Effect" can make you rich
Advertisement
Tuesday, November 03, 2009
Text Size: increase text size decrease text size

By Daily Crux Editor Justin Brill:

Two long-standing tenets of successful trading are "let your winners run," and "keep your losses small." You'd be hard-pressed to find a successful trader who hasn't followed them, yet they're two of the most difficult rules for novice investors to follow.

This classic piece titled The Babe Ruth Effect from Credit Suisse discusses just this problem, and provides some great advice for taking your trading to the next level.

The title references the fact that Babe Ruth struck out often, but was one of baseball's greatest hitters because of how well he hit the ball when he didn't.

Read full article...

More on stocks:

The "big money" is betting on a decline

New Google application may kill these stocks

George Soros: Substantial risk of another downturn

Topics: Trading Ideas | Stocks
RSS Feed

 
©2010 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.