Reminiscences of a Stock Operator
It isn’t the charts that give me my edge; it’s risk management. I get an edge from discipline,…
Some highlights have been hidden or truncated due to export limits.
Jack D. Schwager • Unknown Market Wizards: The best traders you've never heard of
We never salivated for the last dollar in a major move (i.e., the oil stocks). Instead, we tried to take stocks from undervalued to fairly valued. We left "greater-fool" investing to others.
John Neff • John Neff on Investing
program (and they did end up cutting people). In essence Eckhardt was saying, “You are not special. You are not smarter than the market. So follow the rules. Whoever you are and however much brains you have, it doesn’t make a hill of beans’ difference. Because if you’re facing the same issues and if you’ve got the same constraints, you must follow
... See moreMichael W. Covel • The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires
The secret of great trading: you need to be fast in the sense of being adaptive and agile, but you can’t be erratic. You can’t get weak knees at every little spike move swaying you one way or the other. You need to be resilient through noise, but not obstinate. So, it’s that line of fast and slow, that adaptiveness, that is really key. The key to a
... See more