To me, the "tape" is the final arbiter of any investment decision.
I have a cardinal rule: Never fight the tape!
- Martin Zweig
Embed This Image In Your Site (copy code ...
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 ...
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
Embed This ...
What sets successful traders apart?
......Most people think that winning in the markets has something to do with finding the secret formula. The truth is that any common denominator among the ...
Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
- Mark Minnervini
Embed This Image In Your Site (copy code below):
Mark Minnervini ...
It is not that we had any unfair knowledge that other people didn't have, it is just that we did our homework. People just don't want to believe that anyone ...
Investing is the only business I know that when things go on sale, people run out of the store.
- Mark Yusko
Embed This Image In Your Site (copy code below):
Mark ...
The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money ...
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.
...
Speculation is most dangerous when it looks easiest.
- Warren Buffett
Embed This Image In Your Site (copy code below):
Warren Buffett on Risk by DaytradingBias.com