I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.

If you can't take a small loss, sooner or later you will take the mother of all losses.

My style is basically trend following, with some special pattern recognition and money management algorithms.

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.

Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also have to deal with feelings of staying with the big one.

A lot of people would rather understand the market than make money

It can be very expensive to try to convince the markets you are right.

The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.

Begin with “I remember.” Write lots of small memories. If you fall into one large memory, write that. Just keep going. Don’t be concerned if the memory happened five seconds ago or five years ago.

It was a place where, if troubles did not vanish, they were made bearable.

When a man that attractive licks his lips, a girl's got to look. And imagine...

Thus strength is afforded by good and thorough customs, thus is learnt the subjection of the individual, and strenuousness of character becomes a birth gift and afterwards is fostered as a habit.

Are not all finite beings better pleased with motions relative than absolute?

Cities, like dreams, are made of desires and fears.

I learned as a young man that I don't write jokes, but that I can deliver more mundane material and get a laugh. I call myself a humorist.

If you love your enemy, that means you want your enemy to be happy.

Cigars served me for precisely fifty years as protection and a weapon in the combat of life... I owe to the cigar a great intensification of my capacity to work and a facilitation of my self-control.

My parents are both teachers, so we had the summers off.