Speculation is most dangerous when it looks easiest.
- Warren Buffett
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Warren Buffett on Risk by DaytradingBias.com
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.
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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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The emotional burden of trading is substantial; on any given day, I could lose millions of dollars. If you personalize these losses, you can’t trade
- Bruce Kovner
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To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct ...
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
– George Soros
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Accept both your profits and regrets. It is best to seize what comes to hand when it comes, and not expect that your good fortune and the favorable circumstances will ...
Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
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Richard Wyckoff on ...