To avoid whipsaw losses, stop trading.

Good traders trade. Good letter writers write letters.

It’s all about sticking to your plan and experiencing feelings as they arise. If you are unwilling to feel your feelings, the temptation is to avoid them by jumping off your system

A lot of people would rather understand the market than make money

Trend following is an exercise in observing and responding to the ever-present moment of now

A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That's the kind of thing winning traders do.

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.