WON stopped out at 7-8% of his positions. Mark is out more likely around 3-4% per position from his comments on X. Though I doubt anyone on this thread will let that go unchallenged.
%% Good points/WON; MM told J Schwager he uses a 10% , but that was on single stocks like WON. [2]10% may help sometimes but I much prefer WON system which uses a 50ma /200 ma/7-8% + 555 page system[book]+ sometimes less than 3 %. [3]I like ETFs, some times leverageed ETFs ; WON did mostly single stocks, books , mutual fund , data , IBD + sold IBD to WSJ.[4]WON 555 page BOOK worked better with ETFs for me ,than stocks over years. [50 ]+ IBD book note get off leveage , late bull market.[777] WON considers ETFs ''inferior'', buts thats cash ETFs 100% of the time+ WON =super trader/super investor/super data sales to WSJ LOL/ Paul Tudor Jones paid for a DU ad on shooting less duck$ than the law permitted-greenheads =ducks[inferior number, inferior meat eat] maybe max shotgun shooting depending on shooting skill LOL
%% [1]LOL HI volume dove season in Argentina= anytime; but that'$ too much shooting for me. [ 2]ShooTTing .22 Winchester/.22 Remington/.22 RGR[nota stock tip LOL ].22 CCI . /22 S&W. ...... Shoot enough yellow brass /dealers pay about $00.45- 00.60, occasional $1.20 per pound. NOT round LOL-murray TT