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

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.

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

If you personalize losses, you can't trade.

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.

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.

The task of the leader is to get his people from where they are to where they have not been.

I've never won an award for anything, and I think it's weird. I mean, that's really cool but it's strange to think you could get an award for acting. I always thought that was strange.

It would be as naive to study the song of the nightingale, as it would be ridiculous to try and win a King's Gambit against a representative of the old chess guard.

Simplicity and common sense should characterize planning and strategic direction.

Here's how I understand music. If you can play the same bunch of noise twice, it's music. To go beyond that is supercilious and pontificating.

True leadership is when you are willing to risk your power and voice so that all of ours can be heard.

I was picked on because I was timid. I had younger sisters; I couldn't turn to them for help. I didn't have an older brother.

Lord, teach us to step outside ourselves. Teach us to go out into the streets and manifest your love.

I was a fervent Catholic, and I belonged to the national organizations, even becoming one of the national leaders, until the age of 21, 22.

If we could only snap the fetters of the body that bind the feet of the soul, we shall experience a great joy. Then we shall not be miserable because of the body's sufferings. We shall become free.