Saturday, January 27, 2018

some quotes

It's not whether your're right or wrong that's important, but how much money you make when you are right and how much money you lose when you are wrong.

the way to build superior long-term returns is  through preservation of capital and home runs.. when you have tremendous conviction on a trade, you have to go for the jugular. it takes courange to be a pig - Stanley Duckenmiller

Once you’ve had this new influx of “new money,” the most important thing you can do, is trade it and protect it like it was your original starting capital.

If you’ve traded it like it was your original capital, and not the market’s money for you to gamble with, then you will hit another big winning trade the next time..