If you don't know who you are, this is an expensive place to find out.
- George Goodman
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George Goodman on Stock Market ...
The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
- Linda ...
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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To me, the "tape" is the final arbiter of any investment decision.
I have a cardinal rule: Never fight the tape!
- Martin Zweig
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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.
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The constant monitoring and obsessive reasoning behind moves in a portfolio will never allow you as an investor to allow your profits to run.
- Ali Meshkati
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Getting excited by gains in a trade is the first step toward getting panicky when those gains are threatened.
- Dr. Brett Steenbarger
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Great traders do their best work when they are not trading; unsuccessful traders do not work when they are not trading.
- Dr. Brett Steenbarger
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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.
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