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Bruce Kovner Quotes: If you personalize losses, you can't trade.
         

If you personalize losses, you can't trade.


Bruce Kovner
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"Bruce Kovner Quotes." Quoteslyfe.com, 2024. Sun. 28 Apr. 2024. <https://www.quoteslyfe.com/quote/If-you-personalize-losses-you-can-t-434427>.




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Other quotes of Bruce Kovner


Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperature.

Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperature.



If you don't work very hard, it is extremely unlikely that you will be a good trader.

If you don't work very hard, it is extremely unlikely that you will be a good trader.



The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand.

The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand.



Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose

Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose



Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.

Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.



In a bear market, you have to use sharp countertrend rallies to sell.

In a bear market, you have to use sharp countertrend rallies to sell.



I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.

I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.



In 1983, I set up Caxton Corp. Its been an interesting and happy ride since.

In 1983, I set up Caxton Corp. Its been an interesting and happy ride since.





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There is a story behind everything and every story is worth telling...

There is a story behind everything and every story is worth telling...



There are certain tenets set in place for all different types on genres. For thrillers, women usually die first.

There are certain tenets set in place for all different types on genres. For thrillers, women usually die first.



Civilization is that mode of conduct which points out to man the path of duty.

Civilization is that mode of conduct which points out to man the path of duty.



Apart from a very close circle of friends, few people know my true self, and it's normal, I never put it into my music.

Apart from a very close circle of friends, few people know my true self, and it's normal, I never put it into my music.



Consoling a miserable soul, wiping the tears of a crying person is greater than any worldly achievement.

Consoling a miserable soul, wiping the tears of a crying person is greater than any worldly achievement.



Tis on the living Envy feeds. She silent grows When, after death, man's honor is his guard. So I, when on the pyre consumed I lie, Shall live, for all that's noblest will survive.

Tis on the living Envy feeds. She silent grows When, after death, man's honor is his guard. So I, when on the pyre consumed I lie, Shall live, for all that's noblest will survive.



Christianity alone teaches that our only way for reconciliation with God is by his grace that is received through faith.

Christianity alone teaches that our only way for reconciliation with God is by his grace that is received through faith.



The history of man that you don't know is what your unconscious is made out of.

The history of man that you don't know is what your unconscious is made out of.



I actually think that one of the most dangerous phenomena is the bowing to expertise, whether it's in international relations or how to use technologies.

I actually think that one of the most dangerous phenomena is the bowing to expertise, whether it's in international relations or how to use technologies.




Quote Description


This page presents the quote "If you personalize losses, you can't trade.". Author of this quote is Bruce Kovner. This quote is about trade, ifs, loss,.