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."
"Luck is when preparation meets opportunity"

Jesse Livermore
"Give a man a fish and he will eat for a day. Teach a man to fish and
he will sit in a boat all day and drink beer."
Jesse Livermore said

"Any man could rule the world in a month, If he didn't make any mistakes"

CharterJoe says..

"When you feel like vomiting its time to double up"
LOL Joe ... HA! Anuddah saying that might be expressed along a more morose tune:

"your biggest drawdown is yet to come"

And to follow up with an upbeat purview of life in the market arena:

“History doesn’t repeat itself - at best it sometimes rhymes”
Samuel Clemens (Mark Twain)

May we all distill the rhymes contained in our charts and conscious and subconscous analysis. Hope all here are profitable Tuesday!!

Originally posted by MonkeyMeat

"your biggest drawdown is yet to come"


Thats close to the one that I have in my dreams almost monthly

"your only as good as your NEXT trade"
"I started out with nothing, and I still have most of it."

"I you've got more going out than they have coming in, you're winning."

Vietnam rules of engagement
"You can shear a sheep many times, but only skin him once"

-Matt Damon in Rounders.
... but you can eat 'em 2,093 different ways!

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Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength.----Arnold Schwarzenegger
Losses are necessary, as long as they are associated with a technique to help you learn from them