Quotes, Thoughts & Sayings That Change Your View on Trading

Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.” – Larry Hite

“If you must play, decide on three things at the start: the rules of the game, the stakes, and the quitting time.” – Chinese proverb

"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

“There is only one side to the stock market…Not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind that it did most of the more technical phases of the game.” – Jesse Livermore

By failing to prepare, you are preparing to fail.
Benjamin Franklin

I have learned through the years that after a good run of profits in the markets, it`s very important to take a few days off as a reward. The natural tendency is to keep pushing until the streak ends. But experience has taught me that a rest in the middle of the streak can often extend it.”– Marty Schwartz

“Being wrong is acceptable, but staying wrong totally isn’t.
Being wrong isn’t a choice but staying wrong is.” – Mark Minnervini

“The four most dangerous words in investing are: ‘this time it’s different.” – Sir John Templeton

" Learn from Yesterday, live for today, hope for tomorrow" - Happy New Year - 2018.