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
Embed This Image In ...
The 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.
...
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 ...
The markets are the same now as they were five or ten years ago because they keep changing — just like they did then.
- Ed Seykota
Embed This Image In ...
Losses can either be lost money, or tuition in the school of trading.
- Mark Moskowitz
Embed This Image In Your Site (copy code below):
Mark Moskowitz on Losses by DaytradingBias.com
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 ...
It's not about being right or wrong, rather, it's about how much money you make when you’re right and how much you don’t lose when you’re wrong.
– George Soros
Embed ...
People who fight change are fighting inevitability itself.
- Jim Rogers
Embed This Image In Your Site (copy code below):
Jim Rogers on Change by DaytradingBias.com
Successful traders isolate themselves from the opinions of others.
- Linda Bradford Raschke
Embed This Image In Your Site (copy code below):
Linda Bradford Raschke on Opinions by DaytradingBias.com