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. – Jim Rogers Embed This Image In Your Site (copy code below): Jim Rogers on Commodities by DaytradingBias.com
People who fight change are fighting inevitability itself. – Jim Rogers Embed This Image In Your Site (copy code below): Jim Rogers on Change by DaytradingBias.com
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 code below): Jim Rogers on Bubbles by DaytradingBias.com
One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. – Jim Rogers Embed This Image In Your Site (copy code below): Jim Rogers on Patience by DaytradingBias.com
If you make a bad trade and you have money management you are really not in much trouble. However, if you miss a good trade there is nowhere to turn. ...
It's not about being right or wrong, rather, it's about how much money you make when you’re right and how much you don’t lose when you’re wrong.
– George Soros
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We are in the business of making mistakes. The only difference between the winners and the losers is that the winners make small mistakes while the losers make big mistakes.
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There can be a huge gap between what you understand about the markets and your ability to transform that knowledge into consistent profits.
- Mark Douglas
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People who fight change are fighting inevitability itself.
- Jim Rogers
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Jim Rogers on Change by DaytradingBias.com
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.
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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 ...
Markets can remain irrational longer than you can remain solvent.
- John Maynard Keynes
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John Maynard Keynes on Irrational Markets by DaytradingBias.com
The question isn’t “Is the market efficient?” but rather “How inefficient is the market?” and “How can we exploit this?”
- Edward Thorp
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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
– George Soros
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