... if you cannot accept that losses will occur, then you cannot accept a good trading system that will make a lot of money in the long run but might ...
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more ...
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
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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 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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Holding cash is uncomfortable, but not as uncomfortable as doing something stupid.
– Warren Buffett
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Investing is the only business I know that when things go on sale, people run out of the store.
- Mark Yusko
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It wasn't anything to be proud of, when you think that I had been broke three times in less than two years. And being broke is a very efficient educational ...
Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
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The game taught me the game. And it didn’t spare me the rod while teaching.
- Jesse Livermore
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Jesse Livermore on Game by ...