This statement Losers Average Losers Is not for successful Trend Followers.
This is a famous note on the computer of Paul Tudor Jones.
He is not alone,Jesse Livermore warned 100 years ago against averaging losses.
You can not avoid losses. The only thing you “Try” to do is to mitigate them. You have a plan and [...]

My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following.
Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.
