"George Goodman" Posts

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 Embed This Image ...

The constant monitoring and obsessive reasoning behind moves in a portfolio will never allow you as an investor to allow your profits to run. - Ali Meshkati Embed This Image In ...

You don’t want to hold a position when you don’t understand what’s going on. That doesn’t make any sense. - Bill Lipschutz Embed This Image In Your Site (copy code ...

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 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 ...

Holding cash is uncomfortable, but not as uncomfortable as doing something stupid. – Warren Buffett Embed This Image In Your Site (copy code below): Warren Buffett on Cash by DaytradingBias.com

Successful trading is about finding the rules that work and then sticking to those rules. - William J. O’Neil Embed This Image In Your Site (copy code below): William O'Neil on Success ...

To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct ...

If you really know what's going on, you don't even have to know what's going on to know what's going on... You can ignore the headlines because you anticipated them ...

Losses can either be lost money, or tuition in the school of trading. - Mark Moskowitz Embed This Image In Your Site (copy code below): Mark Moskowitz on Losses by DaytradingBias.com