The game taught me the game. And it didn’t spare me the rod while teaching.
- Jesse Livermore
Embed This Image In Your Site (copy code below):
Jesse Livermore on Game by ...
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. ...
Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker.
...
Markets can remain irrational longer than you can remain solvent.
- John Maynard Keynes
Embed This Image In Your Site (copy code below):
John Maynard Keynes on Irrational Markets by DaytradingBias.com
We are in the business of making mistakes. The only difference between the winners and the losers is that the winners make small mistakes while the losers make big mistakes.
...
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 ...
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.
...
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 ...
Don’t let the outcome of one trade alter your trading discipline. One trade doesn’t make a system.
- Vadym Graifer & Christopher Schumacher
Embed This Image In Your Site (copy code ...
Great traders do their best work when they are not trading; unsuccessful traders do not work when they are not trading.
- Dr. Brett Steenbarger
Embed This Image In Your Site ...