Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

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.

He knew only that his child was his warrant. He said: If he is not the word of God God never spoke.

Boys play with death as though it were a game, cutting their teeth on daggers.

When you are on the spiritual path, and you are looking for the answers outside, there is an ample of reasons, for you to deviate from the path. The path of the ultimate truth is straight way inside

World history is tragic.

With deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest is contested.

These so-called extremists in Pakistan should be brought into the mainstream; if you marginalize them, you radicalize them.

When talent fails, indignation writes the verse.

There is nothing like the start of a season, before all the one-run losses, pitching breakdowns and missed opportunities. Before reality sets in.

I think George Bush is going to win in a walk. I really believe I'm hearing from the Lord it's going to be like a blowout election in 2004.

Fate loves to invent patterns and designs. Its difficulty lies in complexity. But life itself is difficult because of its simplicity. It has only a few things of a grandeur not fit for us.