“Steamroller” Trading Secrets of America’s Greatest WW2 General
Hey Trader,
George S. Patton is arguably America's greatest WW2 general for plenty of reasons — most famously, his relentless drive and tactical genius.
Nowhere was this clearer than during Operation Husky, the invasion of Sicily.
The Allied forces were going after Sicilian cities important to the Axis war effort — some of the main targets being the port cities of Messina and Palermo.
Patton was originally assigned to protect the British flanks with his Seventh Army after landing on the Italian island. The British would be the ones going after these cities.
But the British got bogged down fighting the Axis on the way to Messina.
Being too impatient to wait for the British to trudge on through, Patton decided to take his forces clockwise around the island in a bold offensive move.
Smashing through Axis soldiers, the Americans captured Palermo on July 22, 1943, and continued that momentum all the way to Messina — which he captured way ahead of the British on August 16.
All in all, the Allies took around 40,000 prisoners... and the Americans turned what could've been months of fighting into 38 days while forcing the Axis to evacuate Sicily.
And that's just one instance of Patton's drive to smash the enemy.
Patton sums up this approach to warfare rather succinctly in his autobiography, War As I Knew It:
"Use steamroller strategy; that is, make up your mind on course and direction of action, and stick to it. But in tactics, do not steamroller. Attack weakness."
Trading isn't war, but it works much the same way.
Pick a strategy and stick to it. Don't veer from the path. Steamroll on through.
Otherwise, you'll second-guess yourself and never get anywhere.
But in individual trades, don't relentlessly push forward. Attack the "weaknesses" in the market — those moves with low risk but high reward potential that other traders aren't paying attention to.
Market Traders Daily Director of Client Services 888-228-2376
Disclaimer:Futures, forex, stock, and options trading are not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses.
If you wish to stop receiving our emails or change your subscription options, please Manage Your Subscription Global Profit Systems International, 15502 Stoneybrook West Parkway Suite 104-153, Winter Garden, FL 34787, US
No comments:
Post a Comment