Yesterday I published Video 0014 
    "Trade Secrets of George Soros: 5 Rules for defense"

Here is the link
https://www.youtube.com/watch?v=OuTiYM5S7ew


Here is a picture of George Soros -- the world's best trader and the richest man in Wall Street

We all know he made more than $1B profit from the Bank of England in 1992

But I discovered trading defensively is most important for survival

E.g. in 1987, George Soros lost $650 Million from Black Monday

If you think $650 million is a lot of money to lose.
In 1998, George Soros lost $2B in the Russian Financial Crisis,
he did not see the crisis coming and was caught unprepared

In any case,  Stanley Druckenmiller, who used to work for George Soros, said George Soros was best taking a loss.

And be careful, there are financial crisis or tsunami around,
take your loss or stay in cash if you see them coming