You Can Not Have Significance In This

I Believe That Great Success Is Possible In Any Field — From Music To Mathematics To Macro Trading.

I Am More Scared Now That I Was At Any Point Since I Began Trading, Because I Recognize How Ephemeral Success Can Be In This Business. I Know That To Be Successful, I Have To Be Frightened. My Biggest Hits Have Always Come After I Have Had A Great Period And I Started To Think That I Knew Something.

That Cotton Trade Was Almost The Deal Breaker For Me. It Was At That Point That I Said, “mr. Stupid, Why Risk Everything On One Trade? Why Not Make Your Life A Pursuit Of Happiness Rather Than Pain?

The Secret To Being Successful From A Trading Perspective Is To Have An Indefatigable And An Undying And Unquenchable Thirst For Information And Knowledge.

First Of All, Never Play Macho Man With The Market. Second, Never Overtrade.