"William O’Neil" Posts

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

I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to ...

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 ...

Being wrong is acceptable, but staying wrong is totally unacceptable. Being wrong isn’t a choice, but staying wrong is. - Mark Minnervini Embed This Image In Your Site (copy code below): Mark Minnervini ...

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 Embed This Image In Your ...

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 ...

All models are wrong, but some are useful. - George Box Embed This Image In Your Site (copy code below): George Box on Models by DaytradingBias.com

If you don't know who you are, this is an expensive place to find out. - George Goodman Embed This Image In Your Site (copy code below): George Goodman on Stock Market ...

One common adage...that is completely wrongheaded is: You can't go broke taking profits. That's precisely how many traders do go broke. While amateurs go broke by taking large losses, professionals go broke ...

Know what you want to accomplish, how you intend to get there, and what you will do if it does (or does not) work out. Have a plan ...