In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough breaks down why the Risk Ranges are critical to getting in and out of positions (aka maximizing your returns and mitigating your losses.) We all have losers at some point – learn how to cut them.
"If you want to average into a loser, in particular into month-end and year-end, and there are fundamental reasons why these companies are losing, you're going to be a bigger loser.
Ride winners. These things aren't easy to do by the way, I just say them simply because they're easy coaching points."