A loss never bothers me after I take it. I forget it overnight. But being wrong- not taking the loss- that is what does damage to the pocketbook and to the soul.
-Jesse Livermore-
"It doesn't matter how often you are right or wrong - it only matters how much you make when you are right versus how much you lose when you are wrong."....George Soros
"There is a time to be long, a time to be short, and a time to go fishing."... Jesse Livermore
Do not believe in anything simply because it is found written in your books.
But after observation and analysis, when you find that anything agrees with reason...then accept it and live up to it.
-The Buddha
same with trading. Believe what you can prove to yourself NQoos ;-)
No comments:
Post a Comment