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Bill Ackman With Blue Arrow Through His Head

How To Easily Avoid A 4 Billion Dollar Mistake

by Dave Landry

Bill Ackman lost over 4 billion dollars in Valeant Pharmaceuticals (VRX).  How does one avoid such a catastrophe? That's simple. You can make better decisions than the uber wealthy “informed money” by simply following the trend.

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Rick Paulmbo

Private Trader

 

You turned my whole trading world upside down and fixed it.....

You may use anything you want that I said.You could also add that I was using one plan then another then another then back to the first one. I wasn't always using stops and was placing them too tight. I just didn't have the cocktail napkin: stop, entry, move stop, target, take 1/2 and move stop up, in place....my money management was horrible, with no idea of risk factors. Thanks, you've made me a better trader. Also, thanks for the education section of your website.

Much Success,

Rick

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