Linda Bradford Raschke on Opinions
By SushiBunny
Successful traders isolate themselves from the opinions of others.
– Linda Bradford Raschke
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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 ...READ MOREKnow what you want to accomplish, how you intend to get there, and what you will do if it does (or does not) work out. Have a plan ...READ MOREThe question isn’t “Is the market efficient?” but rather “How inefficient is the market?” and “How can we exploit this?” - Edward Thorp Embed This Image In Your Site (copy code ...READ MOREMarkets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. – George Soros Embed This Image In Your ...READ MOREIt 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. ...READ MOREThe best investors talk about being keenly aware of what they know and don’t know. Mediocre or dishonest investors pretend they know. Bad investors don’t even know they don’t know. ...READ MOREGreed, 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 ...READ MOREIt 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 ...READ MOREThe 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 Embed This Image ...READ MOREStock market technique is not an exact science. Stock (and commodities) prices are made by the minds of men (and women). - Richard Wyckoff Embed This Image In Your Site ...READ MORE
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