Quotes Worth Repeating


The following quote is from the book Sell & Sell Short by Dr. Alexander Elder.

"Each speculator must identify and do his/her own thing. Perhaps more importantly, they must stay out of someone else's game. The market will tell its own story ,and your only task is to hear it fast."
"Advice is what we ask for when we already know the answer but wish we didn't."
"I will tell you how to become rich: Be fearful when others are greedy, and greedy when others are fearful." Warren Buffett
I would rather be out of a trade wishing I was in Than in a trade wishing I was out

Norman Hallet
Don't look where you fall, but where you slipped. ~African Proverb
No man's life, liberty, or property is safe while the legislature is in session. - Mark Twain
We're all riding the gravy train on biscuit wheels.
[During market hours, I normally set my messenger status to this]

Time is money between 9:00 am to 3:30 pm
"Back testing is vanity, forward testing is sanity."

Andrew Hall
A fool and his money are easily parted.
"Don't trade price, trade value."

Andrew Hall
Losses are necessary, as long as they are associated with a technique to help you learn from them