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
Beware of large positions that can control your emotions. Don’t be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
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Accept both your profits and regrets. It is best to seize what comes to hand when it comes, and not expect that your good fortune and the favorable circumstances will ...
Successful traders isolate themselves from the opinions of others.
- Linda Bradford Raschke
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Successful trading is about finding the rules that work and then sticking to those rules.
- William J. O’Neil
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Don’t overestimate the skill and wisdom of professionals.
- Peter Lynch
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There can be a huge gap between what you understand about the markets and your ability to transform that knowledge into consistent profits.
- Mark Douglas
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Anyone who buys or sells a stock, a bond or a commodity for profit is speculating if he employs intelligent foresight. If he does not, he is gambling.
- Richard ...
Never risk more than 1% of your total equity in any one trade.
By risking 1%, I am indifferent to any individual trade.
Keeping your risk small and constant is absolutely critical.
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Don't try to buy at the bottom or sell at the top
- Bernard Baruch
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When the facts change, I change my mind. What do you do, sir?
- John Maynard Keynes
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