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
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
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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
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Don't try to buy at the bottom or sell at the top
- Bernard Baruch
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Bernard Baruch on Trading by DaytradingBias.com
If you want to have better performance than the crowd, then you must do things differently from the crowd.
- Sir John Templeton
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When the facts change, I change my mind. What do you do, sir?
- John Maynard Keynes
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John Maynard Keynes on Facts by ...
Markets can remain irrational longer than you can remain solvent.
- John Maynard Keynes
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John Maynard Keynes on Irrational Markets by DaytradingBias.com
Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralized, depressed, despondent, and ...
Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
- Mark Minnervini
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Mark Minnervini ...
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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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 ...