Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading)

Tell me truthfully, if you are arguing with someone and you know that you are in the wrong, would you continue to insist on your argument or would you give way and admit your mistake? As practice shows, most people try to win the dispute. Psychologically, it is uncomfortable to lose, even when we are provided with clear proof that we are in the wrong.

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