Don't Be A Hero. Don't Have An

I Believe The Very Best Money Is Made At The Market Turns. Everyone Says You Get Killed Trying To Pick Tops And Bottoms And You Make All Your Money By Playing The Trend In The Middle. Well For Twelve Years I Have Been Missing The Meat In The Middle But I Have Made A Lot Of Money At Tops And Bottoms.

First If All, Never Play Macho Man In The Market. Second, Never Overtrade. My Major Problem Was Not The Number Of Points I Lost On The Trade, But That I Was Trading Far Too Many Contracts Relative To The Equity In The Accounts That I Handled.

The Whole World Is Simply Nothing More Than A Flow Chart For Capital.

When You Get A Range Expansion, The Market Is Sending You A Very Loud, Clear Signal That The Market Is Getting Ready To Move In The Direction Of That Expansion.

It Is Not That We Had Any Unfair Knowledge That Other People Didn't Have, It Is Just That We Did Our Homework. People Just Don't Want To Believe That Anyone Can Break Away From The Crowd And Rise Above Mediocrity.