Bruce Kovner on Stress
By SushiBunny
The emotional burden of trading is substantial; on any given day, I could lose millions of dollars. If you personalize these losses, you can’t trade
– Bruce Kovner
Embed This Image In Your Site (copy code below):
Trading Edges That Last
By SushiBunny- You May Also Like
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 ...READ MOREIf you make a bad trade and you have money management you are really not in much trouble. However, if you miss a good trade there is nowhere to turn. ...READ MOREIf you don't know who you are, this is an expensive place to find out. - George Goodman Embed This Image In Your Site (copy code below): George Goodman on Stock Market ...READ MOREWhen you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more ...READ MOREYou have to be willing to make mistakes regularly; there is nothing wrong with it. Michael Marcus taught me about making your best judgment, being wrong, making your next best ...READ MORETo be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct ...READ MORE... if you cannot accept that losses will occur, then you cannot accept a good trading system that will make a lot of money in the long run but might ...READ MOREThey trade too much. They don’t pick their spots selectively enough. When they see the market moving, they want to be in on the action. So, they end up forcing ...READ MOREWe use technical analysis not because we think it means something, but because other people think it means something. We are always looking for market participants to take us out ...READ MOREThe first loss is the best loss. - Jim Rogers Embed This Image In Your Site (copy code below): Jim Rogers on Loss by DaytradingBias.comREAD MORE
As Featured In
