Good Trading Quotable Quotes

Benard Baruch interpreted speculator as follows;
''to spy and observe''

William O'Neil quote from Benard Baruch.

 

I heard about this interesting study in NPR a few days back, check it out:

http://thefountainhead.typepad.com/contango/2006/03/deal_or_no_deal.html

 

"the S&P will not see 1300 in March. If it does, i'll leave ET."

 

Is there a book with "trading quotes" all in one book from different people, such as the good ones everybody quoted here?

 

Hi,

I am not aware of any books specifically for trading quotes but I have a blog just for that

Quotable Quotes

 

Thank you.

 

Many people think there are only two types of trades: winning trades and losing trades. But that simply isn't true, there are four types of trades: winning trades, losing trades, good trades, and bad trades. A good trade can lose money and a bad trade can make money, the markets are perverse. But you're certain to go broke if you take a lot of bad trades.

 

This reminded me of capital preservation in a way.

"-It's like when going into battle your armor is firm and reflects all. As the battle begins you take a hit here take a hit there. At the same time you're taking down countless enemy after countless enemy. As the enemies start to thin out so do you. Now your armor is thin. One shot could pierce right through. This is when it counts most to stay on you game to save up all that you have left for that one last battle. To come out victorious in the end"

 

Your only ONE bad trade away from ending your career!


I don't think enough traders get this principle

 

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Same trader;
same book page 209 and same order of importance,too.

Superior performance requires 2 key elements;
capital preservation
and home runs.