I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to ...
Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker.
...
One common adage...that is completely wrongheaded is: You can't go broke taking profits.
That's precisely how many traders do go broke.
While amateurs go broke by taking large losses, professionals go broke ...
Don't be a hero. Don't have an ego. Always question yourself and your ability.
Don't ever feel that you are very good. The second you do, you are dead.
- Paul ...
Successful trading is about finding the rules that work and then sticking to those rules.
- William J. O’Neil
Embed This Image In Your Site (copy code below):
William O'Neil on Success ...
It's not about being right or wrong, rather, it's about how much money you make when you’re right and how much you don’t lose when you’re wrong.
– George Soros
Embed ...
Participants act not on the basis of their best interests but on their perception of their best interests, and the two are not identical.
- George Soros
Embed This Image In ...
Investing is the only business I know that when things go on sale, people run out of the store.
- Mark Yusko
Embed This Image In Your Site (copy code below):
Mark ...
A simple, albeit less than optimal, investment strategy that is easily followed trumps one that will abandoned at the first sign of under-performance.
- Tadas Viskanta
Embed This Image In Your ...
Don't try to buy at the bottom or sell at the top
- Bernard Baruch
Embed This Image In Your Site (copy code below):
Bernard Baruch on Trading by DaytradingBias.com