The trend is your friend.
( General )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
The aim is to make money, not to be right.
( Ludwig von Mises )
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.
( Proverb )
Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.
( Benoit B. Mandlebrot )
In investing, what is comfortable is rarely profitable.
( Robert Arnott )
Remember that stocks are never too high for you to begin buying or too low to begin selling.
( Jesse Livermore )