"Trading Size is one aspect you don't want to optimize. The optimum comes just before the precipice." William Eckhardt
"Good Money Management alone isnât going to increase your edge at all. If your system isnât any good, youâre still going to lose money, no matter how effective your money management rules are. But if you have an approach that makes money, then money management can make the difference between success and failure." Monroe Trout Trading Quotes
âIf a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties.â -Francis Bacon
"One of the biggest pitfalls in trading is to rely too heavily on the guidance of other people. It is important that you formulate your own personal view of the world and make investment decisions in tune with this view." -Richard Olsen
"These evidently instinctive human tendencies spell doom for the trader â take your profits, but play with your losses." William Eckhardt
"Itâs not what we donât know that hurts us; itâs what we know for sure that just ainât so." Mark Twain
Myth: Show me a good loser and I'll show you a born loser. Fact: Show me a good loser and I'll show you a (potentially) good Trader. -Bemac