You Learn More From Your Losses, Than

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.

And Then At The End Of The Day, The Most Important Thing Is How Good Are You At Risk Control. Ninety-percent Of Any Great Trader Is Going To Be The Risk Control.

Don't Be A Hero. Don't Have An Ego. Always Question Yourself And Your Ability. Don't Ever Feel That You Are Very Good. The Second You Do, You Are Dead.

The Most Important Rule Is To Play Great Defense, Not Great Offense. Everyday I Assume Every Position I Have Is Wrong. I Know Where My Stop Risk Points Are Going To Be. I Do That So I Can Define My Maximum Drawdown. Hopefully, I Spend The Rest Of The Day Enjoying Positions That Are Going In My Direction. If They Are Going Against Me, Then I Have A Game Plan For Getting Out.

Sometimes Failure Is Merely Chasing You Off The Wrong Road And Onto The Right One.