A good plan violently executed now is better than a perfect plan next week. -General George S. Patton Jr. Learn to obey, before you give orders -King Leonidas of Sparta (?) All warfare is based on deception -Sun Tzu He who stays on the defensive does not make war, he endures it -Colmar von de Gotz A democratic society is antagonistic to the military spirit -Ardant du Picq Fortune favors the brave men -Terence
"Take every gain without showing remorse about missed profits, because an eel may escape sooner than you think." Joseph de la Vega, 1688, in an early manual on trading Quoted from Street Smarts
"Be greedy when others are fearful." -- Warren Buffett (Appreciation of why this simple concept is so important established my entire approach to trading.)
"True Trading Mastery derives from understanding the relatively small role technical analytical factors play in the overall trading process and the inestimatably important role that correct market attitudes and beliefs exert in facilitating a consistently profitable result." Bob Koppel
"The best fertilizer is the farmer's shadow. This adage applies equally well to trading as it does to farming. Trading profits are cultivated in the rich soil of market discipline, strict money management and consistent adherance to a proven trading strategy." Howard Abell
"You learn to distinguish the good traders from the bad, the successful techniques from the unsuccessful, and the good habits from the faulty. You also learn to distinguish the lover from the fighter, the winners from the losers, the serious from the frivolous, the cerebral from the superficial, and the friend from the foe. But above all, you learn that the psychological makeup of the trader is the single most critical element of success." Leo Melamed