The game taught me the game. And it didn’t spare me the rod while teaching.
- Jesse Livermore
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Rule number one of investing is never lose money.
Rule number two is never forget rule number 1.
- Warren Buffett
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There is no holy grail, and there is no magical system. You have to win the battle within you first before you can win with the markets.
– Maria Psarra
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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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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 ...
Losses can either be lost money, or tuition in the school of trading.
- Mark Moskowitz
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Successful traders isolate themselves from the opinions of others.
- Linda Bradford Raschke
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Listen to what the market is saying about others, not what others are saying about the market.
- Richard Wyckoff
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The Tape Reader's profits should develop naturally. He should buy or sell because it is the thing to do – not because he wants to make a profit or fears ...
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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