Great traders do their best work when they are not trading; unsuccessful traders do not work when they are not trading. – Dr. Brett Steenbarger Embed This Image In Your Site (copy code below): Brett Steenbarger on Work by DaytradingBias.com
Getting excited by gains in a trade is the first step toward getting panicky when those gains are threatened. – Dr. Brett Steenbarger Embed This Image In Your Site (copy code below): Brett Steenbarger on Excited by DaytradingBias.com
Assimilate into your very bones a set of trading rules that works for you.
- Linda Bradford Raschke
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Don't try to buy at the bottom or sell at the top
- Bernard Baruch
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Bernard Baruch on Trading 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 ...
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 ...
Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker.
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... 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 the facts change, I change my mind. What do you do, sir?
- John Maynard Keynes
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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 ...