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 ...
If 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. ...
I know from experience that nobody can give me a tip or series of tips that will make more money for me than my own judgement.
- Jesse Livermore
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They 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 ...
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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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 ...
Assimilate into your very bones a set of trading rules that works for you.
- Linda Bradford Raschke
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Linda Bradford Raschke on Rules ...
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 ...
It wasn't anything to be proud of, when you think that I had been broke three times in less than two years. And being broke is a very efficient educational ...
Economics is in many respects the queen of the soft sciences. It’s expected to be better than the rest. It’s my view that economics is better at the multi-disciplinary stuff ...