The Best Trading Proverbs

Don't believe the hype. If it's to good to be true, it isn't.

 

"when in doubt, stay out"

The most important rule: Have a Daily Loss Limit.

 

Hope isn't a strategy.

 

Here's one attributed to Genghis Kahn."If in doubt don't do it.If doing it don't doubt it.

 

Stock Traders Almanac; if it takes 8 hours to chop down a tree, spend 6 hours sharpening an ax[edge]-Abraham L.....1800s. Good 200 year ago; today may want to hire a logger or forester, they can harvest a tree much better than 8 hours per tree LOL .

 

“Capital will flow where it is wanted and stay where it is well treated.”
- Walter Wriston, CEO Citibank 1967-1984

 

When in doubt, enter trade first !!
Stop being wishy washy. Stop double triple checking for perfect alignment of planets.

 

I thought that was Master Yoda, spoken millenia ago, in a galaxy far, far away...?

 

Buy the dip

 

sell in may and go away