"William O’Neil" Posts

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

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 ...

To me, the "tape" is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape! - Martin Zweig Embed This Image In Your Site (copy code ...

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 ...

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 ...

When a man has put a limit on what he WILL do, he has put a limit on what he CAN do. - Charles Schwab Embed This Image In Your Site ...

The markets are the same now as they were five or ten years ago because they keep changing — just like they did then. - Ed Seykota Embed This Image In ...

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 ...

The most important rule of trading is to play good defence, not great offence. - Paul Tudor Jones Embed This Image In Your Site (copy code below): Paul Tudor Jones on Defense ...

Stress is literally kryptonite to traders. Stress disrupts their equilibrium and affects their decision-making. Anything we can do to minimize the “yips” will flow directly to the bottom-line. - Gatis ...