Patience is the key to success not speed.
Time is a cunning speculator's best friend if he uses it right.
- Jesse Livermore
Embed This Image In Your Site (copy code below):
Jesse Livermore ...
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.
...
The smart money always loses money shorting bubbles because they cannot comprehend that it could go as high as it does.
- Jim Rogers
Embed This Image In Your Site (copy ...
Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
Embed This Image In Your Site (copy code below):
Richard Wyckoff on ...
Assimilate into your very bones a set of trading rules that works for you.
- Linda Bradford Raschke
Embed This Image In Your Site (copy code below):
Linda Bradford Raschke on Rules ...
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.
...
It is not that we had any unfair knowledge that other people didn't have, it is just that we did our homework. People just don't want to believe that anyone ...
Traders often repeat the same mistakes over and over, acting on triggers that have served them poorly time and time again even as they continue to expect a tidy profit ...
The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what's going to happen contradicts my way of looking at ...
Investing is the only business I know that when things go on sale, people run out of the store.
- Mark Yusko
Embed This Image In Your Site (copy code below):
Mark ...