Weekly Quote

“The finest thought runs the risk of being irrevocably forgotten if we do not write it down.”

– Arthur Schopenhauer (German philosopher)

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Weekly Quote

“If you are ready to give up everything else-to study the whole history and background of the market and all the principal companies… as carefully as a medical student studies anatomy-… and, in addition, you have the cool nerves of a great gambler, the sixth sense of a clairvoyant, and the courage of a lion, you have a ghost of a chance.”

– Bernard Baruch

Weekly Quote

“Charts not only tell what was, they tell what is; and a trend from was to is contains better percentages than clumsy guessing.”
– Robert A. Levy

Weekly Quote

On Boundaries:

“The correct approach is to say: This structure means up, and this structure means up no more, but never that this structure means up this much and no more.”

– Richard Dennis

Weekly Quote

“Decrease your trading volume when you are trading poorly; increase your volume when you are trading well.”

– Paul Tudor Jones

Weekly Quote

“Bottom line it’s about making money but more importantly, if you aren’t learning something new in this industry everyday, you are dead.”

Weekly Quote

“Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead.”

– Paul Tudor Jones

Weekly Quote

“A successful trader is strong, independent, and contrary in the extreme.  His main characteristics center around discipline and a willingness to make and accept mistakes.”

– Bruce Kovner

Weekly Quote

“I develop an idea of the market and pursue it from a very low-risk standpoint until I have repeatedly been proven wrong, or until I change my viewpoint.”

– Paul Tudor Jones