The constant monitoring and obsessive reasoning behind moves in a portfolio will never allow you as an investor to allow your profits to run. – Ali Meshkati
Don’t overestimate the skill and wisdom of professionals.
- Peter Lynch
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Peter Lynch on Professionals by DaytradingBias.com
Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralized, depressed, despondent, and ...
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
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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
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If you really know what's going on, you don't even have to know what's going on to know what's going on... You can ignore the headlines because you anticipated them ...
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 ...
It is not that we had any unfair knowledge that other people didn't have, it is just that we did our homework. People just don't want to believe that anyone ...
Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
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Richard Wyckoff on ...
Great traders do their best work when they are not trading; unsuccessful traders do not work when they are not trading.
- Dr. Brett Steenbarger
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People who fight change are fighting inevitability itself.
- Jim Rogers
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Jim Rogers on Change by DaytradingBias.com