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

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

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.

Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.

In every sufferings you've encountered, there will be an opportunity to settle things in a right place. If that comes, grab it. Learn to forgive.

Thinking can only serve to measure out the helplessness of thought.

The truth cannot be asserted without denouncing the falsehood.

I tend not to argue about things that I don't believe in.

Every performer should learn a little bit of everything. Most performers today only play the guitar.

Time does not die; only people.

Green are the leaves I leave in Mirkwood.

I didn't realise those spaces were for the emotionally handicapped.

I attended Sunday School and then church with my father and mother throughout my childhood.

Over 60 percent of the university students in Iran are female. The women in Iran are better educated than men.