Below is the Daryl Guppy video interview by David Jenyns in October 2009.
David Jenyns: Volatility trading needs to be well managed because it affects how you approach your entry point and trailing stops. It doesn't define the trend rather it helps identify how much a trend will move.
So how do you know when it's time to adjust your stop? And how much you need to adjust it by? Daryl explains this and more on his trend volatility DVD. Fact is, you can lose money as long as you learn something. Each of us has a different appetite or capacity for risk. You need to be honest with yourself about what you are prepared to risk. If your stop is set and you're going to lose more than you're willing, then you will not act on it.
Volatility Trading with Daryl Guppy - Part 5/7
Trading Quote
There is a time to go long, a time to go short, and a time to go fishing