Everyday I assume every position I have is wrong.
( Paul Tudor Jones )
An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
( Newton )
We don't care about “why.” Real traders only have the time and interest to care about “what” and “when” and “if” and “then.”
( JC Parets )
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 )
The intelligent investor is a realist who sells to optimists and buys from pessimists.
( Benjamin Graham )
Patterns of price movement are not random. However, they're close enough to random.
( Jim Simons )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )