Same topic Authors
Quote of the day

The most interesting guy I've ever played with was King Hassan of Morocco. I went over there on a trip in the early 1970s, and the King and I played five holes. I've never been that nervous in my life.

Popular Topics
Worry, Ocean, Children, Difference, Song, Character, Thought, Adventure, Funny, Comfortable, Beach, Drama, Period, Amazing Music, Afternoon, Live, Wonderful, Math, Motor, Soccer, Journey, Kids, Life, Kind, English, Brain, Dress, Music, Peace Love, Girl, Relationships, Gossip, New York, Confidence, Life Is Good, Football, Angry, Passive, Thinking, Inspire, Pregnancy, Flower, Secret, Lifetime, Looking For Love, Love You, Memorable, Willing, Wisdom, Scholar
Bill Lipschutz

If most traders would learn to sit on their hands 50 per cent of the time, they would make a lot more money.

Hands, Learn, Make, Money, More Money, Traders
Same Author Quotes

It's very difficult to be different from the rest of the crowd the majority of the time, which by definition is what you're doing if you're a successful trader.

Crowd, Different, Majority, Rest, Successful

I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.

Banking, Money, Right, Thinking, Trader, Winning

When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the confidence factor, which is a by-product of a losing streak. You have to work very hard to restore that confidence, and cutting back trading size helps achieve that goal.

Back, Confidence, Cutting, Goal, Information

Always understand the risk
reward of the trade as it now stands, not as it existed when you put the position on. Some people say, "I was only playing with the market's money. " That's the most ridiculous thing I ever heard.

People, Playing, Rewards, Risk, Stands, Understand
Similar Quotes