The Best Trading Proverbs

"Great investors have a "screw loose" pursuing the game not for profit; but for sport"
- David Swensen

 

IF possible, try to hold through the stocks first correction, once you already have a profit-IBD [Investors Business Daily]

 

Thanks. I will remember this, makes sense but hard to do. This is counter to human intuition, the temptation to take my money and run is very strong.

Regards,

 

One of the world's greatest TA traders once said:

The price movement will tell you what to do 1% of the time. But, more importantly,
99% of the time it will tell you what NOT to do!!

 

"The symbol of all relationships among such men, the moral symbol for human beings, is the trader"
- Ayn Rand ( from Galt's speech Atlas Shrugged 1957)

 

Almost 100% traders are 100% unsure which 1% is that 1% time!

 

"The reward for a work well done is opportunity to do more"
- Jonas Salk

 

Statistics are misleading 83.5% of the time.

 

Trade what you see.

If you're going to panic, panic quickly.

Everybody has a plan,until they get punch in the mouth.

 

This is me

I always loved this quote.