It is not important that the basic value of the shares be practically nothing as long as there are other people willing to close their eyes and support those contradictions.
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Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
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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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Markets can remain irrational longer than you can remain solvent.
- John Maynard Keynes
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Don’t overestimate the skill and wisdom of professionals.
- Peter Lynch
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The game taught me the game. And it didn’t spare me the rod while teaching.
- Jesse Livermore
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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 ...
There is no holy grail, and there is no magical system. You have to win the battle within you first before you can win with the markets.
– Maria Psarra
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Rule number one of investing is never lose money.
Rule number two is never forget rule number 1.
- Warren Buffett
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