You don’t want to hold a position when you don’t understand what’s going on. That doesn’t make any sense.
- Bill Lipschutz
Embed This Image In Your Site (copy code ...
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 ...
It's not about being right or wrong, rather, it's about how much money you make when you’re right and how much you don’t lose when you’re wrong.
– George Soros
Embed ...
People who fight change are fighting inevitability itself.
- Jim Rogers
Embed This Image In Your Site (copy code below):
Jim Rogers on Change by DaytradingBias.com
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 ...
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
Embed This Image In ...
We use technical analysis not because we think it means something, but because other people think it means something. We are always looking for market participants to take us out ...
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. ...
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 ...
Losses can either be lost money, or tuition in the school of trading.
- Mark Moskowitz
Embed This Image In Your Site (copy code below):
Mark Moskowitz on Losses by DaytradingBias.com