From Dr. Steve Sjuggerud, Editor, True Wealth:

Bill Ackman is supposed to be the best of the best, the brightest of the bright…

He graduated magna cum laude – from Harvard. He also earned his MBA at Harvard. Today he is a famous hedge-fund manager.

But last week, he lost $1 billion – in one day – in one stock – for his investors.

The thing is, he should have never been in this position… If he had followed a simple trailing stop to limit his risk, he would have taken profits.

Instead, one of the smartest people on the planet held on… and hoped.

Are you guilty of holding on and hoping, like Ackman? Or are you smart enough to never let a small loss become a big one?

This is the most important question… one you have to get right in today’s market…

The stock Ackman lost $1 billion on…