Paul Tudor Jones: The Moving Average Wins

Wisdom:

“My metric for everything I look at is the 200-day moving average of closing prices. I’ve seen too many things go to zero, stocks and commodities. The whole trick in investing is: ‘How do I keep from losing everything?’ If you use the 200-day moving average rule, then you get out. You play defense, and you get out.” –Paul Tudor Jones, as interviewed by Tony Robbins

You won’t find the answer on TV. More on the Paul Tudor Jones book can be found in this aeticle.

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