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Trading related one-liners

  #211 (permalink)
 
Cashish's Avatar
 Cashish 
Miami FL USA
 
Experience: Advanced
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Fat Tails View Post
The last thing you want to do as a trader will be the last thing you do.

This sounds like an Fat Tails original. I'm sure it will catch on.

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  #212 (permalink)
 
bijeremiad's Avatar
 bijeremiad 
San Francisco, CA
 
Experience: Beginner
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We often believe the more we practice a skill or technique - over and over again, many times - the better we’ll get. This is not necessarily true. In fact, every time you practice a technique incorrectly, you’re increasing your chanced of doing it wrong again. It’s easy to become very experienced at repeating the same mistakes. Practice doesn't make perfect; only perfect practice makes perfect.

Speed Secrets: Professional Race Driving Technique by Ross Bentley

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  #213 (permalink)
 
bijeremiad's Avatar
 bijeremiad 
San Francisco, CA
 
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A man who is a master of patience is master of everything else. --George Savile

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  #214 (permalink)
 fourtiwinks 
Singapore
 
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Trade what is real, not what you feel. - Sam Seiden

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  #215 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
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Great minds discuss ideas; average minds discuss events; small minds discuss people.

Eleanor Roosevelt

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  #216 (permalink)
 
bijeremiad's Avatar
 bijeremiad 
San Francisco, CA
 
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Investment should be dispassionate but not automatic. --BNP

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  #217 (permalink)
 
bijeremiad's Avatar
 bijeremiad 
San Francisco, CA
 
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It's not the size of the edge, but the frequency with which the edge can be exploited--and the size with which it can be exploited--that makes the trader a living. --Brett Steenbarger

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  #218 (permalink)
 
bijeremiad's Avatar
 bijeremiad 
San Francisco, CA
 
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Trading: Stocks
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To succeed, planning alone is insufficient. One must improvise as well. --Isaac Asimov

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  #219 (permalink)
 
bijeremiad's Avatar
 bijeremiad 
San Francisco, CA
 
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Trading: Stocks
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There is no merit in discipline under ideal circumstances. I'll have it in the face of death or it's useless. --Isaac Asimov

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  #220 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
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Trading: Keyboard
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You don't need a stop loss for your first trade, unless you want to put on a second trade.

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