You Learn More From Your Losses, Than

There's Such An Emphasis On Making Money That We've Really Taken The Humanity Out Of Business.

I'm Always Thinking About Losing Money As Opposed To Making Money. Don't Focus On Making Money, Focus On Protecting What You Have

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.

If I Have Positions Going Against Me, I Get Right Out; If They Are Going For Me, I Keep Them Risk Control Is The Most Important Thing In Trading. If You Have A Losing Position That Is Making You Uncomfortable, The Solution Is Very Simple: Get Out, Because You Can Always Get Back In.

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.