Comment on Mr Consistent returning incredible returns

Madan commented on 19 Mar 2014, 12:36 PM


Have answered this one before..I am pasting the response here again.

“There is actually no way to know if a breakout is true or false (unless a trader have hindsight bias 🙂 ). That’s where money mgmt kicks in. Need to follow MM to the dot to see if the breakout is fake or true. No easy way out.”

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