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William Eckhardt Quotes: If the losses don't hurt, your financial survival is tenuous.
         

If the losses don't hurt, your financial survival is tenuous.


William Eckhardt
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"William Eckhardt Quotes." Quoteslyfe.com, 2024. Sat. 27 Apr. 2024. <https://www.quoteslyfe.com/quote/If-the-losses-don-t-hurt-your-1155315>.





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Other quotes of William Eckhardt


It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.

It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.



Amateurs go broke taking large losses, professionals go broke taking small profits.

Amateurs go broke taking large losses, professionals go broke taking small profits.



Don't think about what the market's going to do; you have absolutely no control over that. Think about what you're going to do if it gets there.

Don't think about what the market's going to do; you have absolutely no control over that. Think about what you're going to do if it gets there.



I take the point of view that missing an important trade is a much more serious error than making a bad trade.

I take the point of view that missing an important trade is a much more serious error than making a bad trade.



Good systems tend to violate normal human tendencies.

Good systems tend to violate normal human tendencies.



You can be very promiscuous in your research, but not in your trading.

You can be very promiscuous in your research, but not in your trading.



What feels good is often the wrong thing to do.

What feels good is often the wrong thing to do.





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It’s well known that he who returns never left

It’s well known that he who returns never left



... Why, it would really be being unselfish to go away and be happy for a little, because we would come back so much nicer.

... Why, it would really be being unselfish to go away and be happy for a little, because we would come back so much nicer.



Soldiers don't complain...I am not going to do it; I will pretend this is part of a war.

Soldiers don't complain...I am not going to do it; I will pretend this is part of a war.



That's maybe the reason he does so many things so that he will not have to think .

That's maybe the reason he does so many things so that he will not have to think .



Obama seems to want to do something to damage rich people.

Obama seems to want to do something to damage rich people.



If I didn't play baseball I don't know what I would do. It just doesn't seem right if I go a day without baseball.

If I didn't play baseball I don't know what I would do. It just doesn't seem right if I go a day without baseball.



The joy of painting lies precisely in the challenge of memory and the challenge of translation from the lived experience to the two-dimensional or three-dimensional symbol.

The joy of painting lies precisely in the challenge of memory and the challenge of translation from the lived experience to the two-dimensional or three-dimensional symbol.



I welcome challenges. I like challenges. It gives me a reason to keep going.

I welcome challenges. I like challenges. It gives me a reason to keep going.




Quote Description


This page presents the quote "If the losses don't hurt, your financial survival is tenuous.". Author of this quote is William Eckhardt. This quote is about hurt, loss, survival, financial,.