- "If you dont know what you are doing, doing nothing is better than doing you know what" - Trader Jack
- "Trade what you see, Not what you think"
- "Most traders take a good system and destroy it by trying to make it into a perfect system."
- "If you're going to panic, panic early."
- "If you look around the table and don't see a sucker, then you are the sucker."
- "If you find yourself in the bottom of a deep hole, the first thing to do is stop digging."
- "The system wasn't designed so that most people could beat it."
- "At all levels of play the secret of success lies not so much in playing well as in not playing badly."
- "The key is consistency and discipline. Almost anybody can make up a list of rules that are 80% as good as what we taught. What they can't do is give (people) the confidence to stick to those rules even when things are going bad." Richard Dennis, on Turtle Trading
- "The opportunity of a lifetime must be seized during the lifetime of the opportunity." -Leonard Ravenhill
- "Experienced traders control risk, inexperienced traders chase gains." -Alan Farley
- "The market can remain irrational longer than you can remain solvent" - John Maynard Keynes
- "My first rule is not to lose money. Losing an opportunity is minor in comparison, because there are always new opportunities around the corner." - Burt Dohmen
- "We must remove the emotional element as quickly as possible in trading. If you can do it before you put on a position, you have a good start."
- "There are only 3 rules...Rule number 1:- Don't lose money. Rule number 2:- don't forget rule number 1. Rule number 3:- the only thing you should be holding overnight is your dick." Trader Jack
4 hours ago
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