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
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.
...
Stress is literally kryptonite to traders. Stress disrupts their equilibrium and affects their decision-making. Anything we can do to minimize the “yips” will flow directly to the bottom-line.
- Gatis ...
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 ...
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
More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
- Ray Dalio
Embed ...
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 ...
Lose Your Opinion, Not Your Money
- Linda Bradford Raschke
Embed This Image In Your Site (copy code below):
Linda Bradford Raschke on Opinion by DaytradingBias.com
There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of ...
They trade too much. They don’t pick their spots selectively enough. When they see the market moving, they want to be in on the action. So, they end up forcing ...