More trading quotes from TradingQuotes

When the facts change, I change my mind.

John Maynard Keynes

If you can't take a small loss, sooner or later you will take the mother of all losses.

Ed Seykota

Rule number one of investing is never lose money. Rule number two is never forget rule number one.

Warren Buffet

Probably my best technique is not picking up the phone to close out a winning trade.
(this is my most important trading rule)
Jerry Parker, another Turtle

Wanting to make money in the markets without accepting there will be losses is like waiting to breathe but only wishing to exhale.

Ed Seykota

A trading philosophy is something that cannot just be transferred from one person to another; it’s something that you have to acquire yourself through time and effort.

Richard Driehaus