Hello again Mike, here’s a quote from Reid Hoffman, Venture Capitalist and one of the founders of LinkedIn (As I’m sure you already know):
“If you are gonna fail, fail as fast as you can so you succeed in the long run. Because you get off the failing path, you alter it to something that may succeed.”
Sounds a lot like cutting your losses and letting your winners run eh? Trend Following? I think so. Haha.
Hope you have a fantastic weekend!