Beware of trading quotes.
( Andreas Clenow )
The most dangerous people in the world are very smart traders who have never gotten their teeth kicked in.
( F. Helmut Weymar )
Patterns don't work 100% of the time.
( Ifan Wei )
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 profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )
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 )