Everyday I assume every position I have is wrong.
( Paul Tudor Jones )
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 )
Investors should remember that excitement and expenses are their enemies.
( Warren Buffett )
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 )
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
( Warren Buffett )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )