Trading Maxims/Quotes II

You see, you hesitate. But as a captain you can't. You have to act. If you don't, you put the entire crew at risk.

Now that's the job. It's not a science. You have to be able to make hard decisions, based on imperfect information, asking men to carry out orders that may end up in their death. And if you're wrong you suffer the consequences. If you're not prepared to make those decisions without pause, without reflection, then you've got no business being a submarine captain.

U571

 

I suppose I just misunderstood your attempt to be clever with the whole proverbial knowledge thing...

At any rate...

PEACE and good trading,
Commisso

 

not necessarily

was more like, 'what you don't know CAN kill you'

 

Compare the known to the unknown.

A proverb[comparing] from turtletrader.com

 

Fundamental analysis was probably well suited for analyzing companies. It was not well suited for analyzing stocks.

Thru; Mark Etzkorn. John Bollinger,Active Trader-1/2001

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A good name is better than precious ointment.-Solomon

 

Mark Douglas:

"Making yourself available means trading from the perspective that you have nothing to prove. You aren't trying to win or to avoid losing. You aren't trying to get your money back or to take revenge on the market. In other words, you come to the market with no agenda other than to let it unfold in any way that it chooses and to be in the best state of mind to recognize and take advantage of the opportunities it makes available to you."

 

"How can you hit and think at the same time"

~Yogi Berra~

 

"Life is what happens when you are busy making other plans"

~John Lennon~

 

"Chance is always powerful. Let your hook be always cast;
in the pool where you least expect it there will be fish"

~Ovid~