I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet.

It is incredible how rich you can get by not being perfect

I don't trade for excitement; I trade to win

Frankly, I don't see markets; I see risks, rewards, and money.

If you diversify, control your risk, and go with the trend, it just has to work.

No matter what information you have, no matter what you are doing, you can be wrong.

Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.

I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.

We approach markets backwards. The first thing we ask is not what can we make, but how much can we lose. We play a defensive game.

When people turn other people into selfobjects, they are trying to turn a person into a kind of spare part.

The sadness of death lies in the fact that it cannot be reversed. Cherish the world of the living whilst you have it, for you cannot visit there again.

The ductless glands secrete among other things our moods, our aspirations, our philosophy of life.

All great success and achievement is preceded and accompanied by hard, hard, work. When in doubt, 'try harder.' And if that doesn't work, try harder still!

Every knock is a boost.

A house without books is like a room without windows. No man has a right to bring up his children without surrounding them with books, if he has the means to buy them.

I'll be dammed if I sit around another year, Dreamin' dreams hopin' somehow that they just appear.

One of the problems that Hillary Clinton had, and one of the problems that Democrats still have is people don't really know what we stand for.

I know there are a lot of people who believe in me as a player and a person, and I don't want to let them down.

My life and happiness speaks for itself.