The Tape Reader's profits should develop naturally. He should buy or sell because it is the thing to do – not because he wants to make a profit or fears ...
Getting excited by gains in a trade is the first step toward getting panicky when those gains are threatened.
- Dr. Brett Steenbarger
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Lose Your Opinion, Not Your Money
- Linda Bradford Raschke
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Linda Bradford Raschke on Opinion by DaytradingBias.com
When 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 ...
Speculation is most dangerous when it looks easiest.
- Warren Buffett
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Warren Buffett on Risk by DaytradingBias.com
You 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 ...
Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
- Mark Minnervini
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Mark Minnervini ...
The game taught me the game. And it didn’t spare me the rod while teaching.
- Jesse Livermore
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Jesse Livermore on Game by ...
To 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 ...
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do.
- Jim Rogers
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