You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael Marcus taught me about making your best judgment, being wrong, making your next best ...
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 ...
Successful investing is anticipating the anticipations of others.
- John Maynard Keynes
Embed This Image In Your Site (copy code below):
John Maynard Keynes on Anticipation by DaytradingBias.com
Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
Embed This Image In Your Site (copy code below):
Richard Wyckoff on ...
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 ...
The most important rule of trading is to play good defence, not great offence.
- Paul Tudor Jones
Embed This Image In Your Site (copy code below):
Paul Tudor Jones on Defense ...
Don't try to buy at the bottom or sell at the top
- Bernard Baruch
Embed This Image In Your Site (copy code below):
Bernard Baruch on Trading by DaytradingBias.com
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.
...
Stock 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 ...
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 ...