Trading effectively is about assessing probabilities, not certainties.

Trading effectively is about assessing probabilities, not certainties.

Trading Quotes

The trend is your friend – until it stabs you in the back with a chopstick.

The trend is your friend – until it stabs you in the back with a chopstick.

Rising tide lifts all boats over the wall of worry and exposes bears swimming naked.

Rising tide lifts all boats over the wall of worry and exposes bears swimming naked.

Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pay it.

Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pay it.

Spend each day trying to be a little wiser than you were when you woke up.

Spend each day trying to be a little wiser than you were when you woke up.

A great trader is like a great athlete. You have to have natural skills, but you have to train yourself how to use them.

A great trader is like a great athlete. You have to have natural skills, but you have to train yourself how to use them.

Never, ever argue with your trading system.

Never, ever argue with your trading system.

In investing what is comfortable is rarely profitable.

In investing what is comfortable is rarely profitable.

There is a time to go long, a time to go short, and a time to go fishing.

There is a time to go long, a time to go short, and a time to go fishing.

It is the job of the market to turn the base material of our emotions into gold.

It is the job of the market to turn the base material of our emotions into gold.

An investor without investment objectives is like a traveler without a destination.

An investor without investment objectives is like a traveler without a destination.

If stock market experts were so expert, they would be buying stocks, not selling advice.

If stock market experts were so expert, they would be buying stocks, not selling advice.

I want to care, but I don’t. I look at you and all I feel is tired.

I want to care, but I don’t. I look at you and all I feel is tired.

For a moment I felt joyful, and then I felt completely exhausted.

For a moment I felt joyful, and then I felt completely exhausted.

I’m so tired. I don’t know if I can ever outrun how I used to be.

I’m so tired. I don’t know if I can ever outrun how I used to be.

Taking breaks isn’t about cheating yourself, it’s about treating yourself.

Taking breaks isn’t about cheating yourself, it’s about treating yourself.

When you’ve exhausted all possibilities, remember this you haven’t.

When you’ve exhausted all possibilities, remember this you haven’t.

Oh, I am very weary, though tears no longer flow; my eyes are tired of weeping, my heart is sick of woe.

Oh, I am very weary, though tears no longer flow; my eyes are tired of weeping, my heart is sick of woe.

When we are tired, we are attacked by ideas we conquered long ago.

When we are tired, we are attacked by ideas we conquered long ago.