Quotes of All Topics . Occasions . Authors
Longevity is the key to success.
You adapt, evolve, compete or die.
Don't be a hero. Don't have an ego.
To avoid whipsaw losses, stop trading.
If you are too proud, you don't do business.
Failure was a key element to my life’s journey.
What feels good is often the wrong thing to do.
Everybody gets what they want out of the market.
Mathematics is the supreme nostalgia of our time.
Good systems tend to violate normal human tendencies.
Good traders trade. Good letter writers write letters.
You learn more from your losses, than from your gains.
Intellectual capital will always trump financial capital.
The trend is your friend except at the end where it bends.
Writing down your trades is the best exercise in the world.
If the losses don't hurt, your financial survival is tenuous.
You can achieve great economic gains by solving social problems.
A lot of people would rather understand the market than make money
Trends become more apparent as you step further away from the chart.
I always believe that prices move first and fundamentals come second
The whole world is simply nothing more than a flow chart for capital.
If trading is like chess, then macro is like three-dimensional chess.
It can be very expensive to try to convince the markets you are right.
You can be very promiscuous in your research, but not in your trading.
Be sensitive to subtle differences between 'intuition' and 'into wishing'.
Trading gives you an incredibly intense feeling of what life is all about.
The idea of searching for some secret for trading success misses the point.
Losing a position is aggravating, whereas losing your nerve is devastating.
First of all, never play macho man with the market. Second, never overtrade.
If you ever have to ask someone else's opinion on a trade, you shouldn't be in it.
Sometimes failure is merely chasing you off the wrong road and onto the right one.
Amateurs go broke taking large losses, professionals go broke taking small profits.
The most important thing in making money is not letting your losses get out of hand.
If you can't take a small loss, sooner or later you will take the mother of all losses.
You can't run a business based on sympathies; otherwise our business would be hampered.
Trading is very competitive and you have to be able to handle getting your butt kicked.
If you can't measure it, you probably can't manage it Things you measure tend to improve.
I only want the truth to be known, for everyone to take responsibility for their actions.
You will never see as many great women investors or traders as men. Period. End of story.
Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.
Trend following is an exercise in observing and responding to the ever-present moment of now
I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.
There's such an emphasis on making money that we've really taken the humanity out of business.
Fortune tellers live in the future. So do people who want to put things off. So do fundamentalists.
I believe that great success is possible in any field — from music to mathematics to macro trading.
I believe that great success is possible in any field - from music to mathematics to macro trading.
Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.
If life ever ceased to be an educational experience. I probably wouldn't get out of bed in the morning.
We have ripped the humanity out of our companies. It's threatening the very underpinnings of our society.
Working to anticipate the future can be a distraction from the important task of dealing with the present.