SwissTradingSchool

Y, Alleghany Corp. - Trailing Stop

Long
NYSE:Y   None
NYSE:Y
Continue our trailing stop on Alleghany Corporation, in which we are in any case at profit.
These trades can drastically change the results over the years, and consequently the trading account, especially due to the compounding effect year after year. Do you know it?
Do you know traders like Paul Tudor Jones, Shelby Davis, George Soros, John Paulson, Richard Dennis, Nick Leeson, Ed Seykota and many others?
More or less, they started out with modest capital and the constancy and systematic nature of their operations has led them to unthinkable performance.
Patience is one of the main virtues of every trader. If you want to make fast and consistent profits you will probably end up like most.
Good Trading at All!

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