Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
Stocks are bought not in fear but in hope. They are typically sold out of fear.
( Justin Mamis )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
The goal of a successful trader is to make the best trades. Money is secondary.
( Alexander Elder )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
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 )