A fool may earn money, but it takes a wise man to keep it.
( Scotland )
Buy things that are going up. Sell things that are going down. And when they stop, get out!
( Rob Smith )
The best way to make money is to not lose money… or just be 200% long.
( Adam Warner )
Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.
( Mark Douglas )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
When a falling stock becomes a screaming buy because it cannot conceivably drop further, try to buy it thirty percent lower.
( Al Rizzo )
Survival is the only road to riches.
( Peter L. Bernstein )