What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
Speculation is a hard and trying business, and a speculator must be on the job all the time, or he'll soon have no job to be on.
( Jesse Livermore )
If you don’t know who you are, this is an expensive place to find out.
( Adam Smith )
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 )
Risk cannot be eliminated; it just gets transferred and spread.
( Howard Marks )
I get real, real concerned when I see trading strategies with too many rules… you should too.
( Larry Connors )
More people lost money waiting for corrections and anticipating corrections than the actual corrections.
( Peter Lynch )