Don’t let the outcome of one trade alter your trading discipline. One trade doesn’t make a system. – Vadym Graifer & Christopher Schumacher Embed This Image In Your Site (copy code below): Vadym Graifer on Discipline by DaytradingBias.com
The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
- Linda ...
It is not important that the basic value of the shares be practically nothing as long as there are other people willing to close their eyes and support those contradictions.
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Assimilate into your very bones a set of trading rules that works for you.
- Linda Bradford Raschke
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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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Rule number one of investing is never lose money.
Rule number two is never forget rule number 1.
- Warren Buffett
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The smart money always loses money shorting bubbles because they cannot comprehend that it could go as high as it does.
- Jim Rogers
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Economics is in many respects the queen of the soft sciences. It’s expected to be better than the rest. It’s my view that economics is better at the multi-disciplinary stuff ...
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.
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Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
- Mark Minnervini
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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 ...