Written by Chuck LeBeau - recalling the story of a fellow Broker that had some odd beliefs, but from whom a very valuable lesson about exits was learned.

A fellow trader shared this with me many years ago, and it has been amazing at how common this sequence of progress is with different people learning to become successful at trading the markets.

Presentation by Carl Jorgensen for the Tacoma WA IBD group, Feb. 2014 on Position Sizing Strategies.