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

If Trading Is Like Chess, Then Macro Is Like Three-dimensional Chess.

After Awhile Size Means Nothing. It Gets Back To Whether You're Making 100% Rate Of Return On 10k Or 100 Million Dollars. It Doesn't Make Any Difference.

Trading Gives You An Incredibly Intense Feeling Of What Life Is All About.

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.

Don’t Ever Average Losers. Decrease Your Trading Volume When You Are Trading Poorly; Increase Your Volume When You Are Trading Well. Never Trade In Situations Where You Don’t Have Control. For Example, I Don’t Risk Significant Amounts Of Money In Front Of Key Reports, Since That Is Gambling, Not Trading.