Equity Oracle: 12/08/16

TEO 120816

Below is a link that will bring you to the latest trade candidate from The Equity Oracle:

In the PDF document that I’ve attached below you will find notes that pertain to the 1% Rule for managing risk on this position. If you are trading according to the rules than you should not lose more than 1% of your account if you are wrong. I continue to stress the importance of risk management because most people are trading at their computers by themselves without having someone to watch over their shoulder. These trade candidates are put out to highlight the opportunities but ultimately you are in full control of your money. In other words…be your own best risk manager because when you follow the rules, trading can be very fun. However, if you break the rules, trading can be very stressful. Remember….Keep It Super Simple (K.I.S.S).

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