The Ph.D.’s Guide to Avoiding Big Stock Market Losses

by Bill Bonner
Acting Man
It’s Tough to Make Predictions, Especially About the Future
Markets were closed in the US on Monday for Martin Luther King Jr. Day. So, today, we really are going to talk about stop losses.
Mathematician Dr. Richard Smith, who runs TradeStops.com, was kind enough to visit us in Nicaragua and allow us to buy him a drink or two. He explained how they worked. And he told us about how he’s made them work even better.
“The world is much more uncertain than people think,” began the man with a Ph.D. in the subject.
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