Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty.

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.

Our task is not to find love but to remove all blocks that we have built against it.

Hope is a form of conscious dream making.

Tell the truth, but lead so improbable a life that the truth will never be believed.

There is nothing wrong with retirement as long as one doesn't allow it to interfere with one's work.

I know what I gave them; I don't know what they received.

My manager is definitely a mentor as well as Usher.

Everything I think seems to be controversial, so I feel like I need to just go away for a second and put it all down on paper until the storm passes.

The more learned a writer, the more digression beckons him.

I call that person the most intelligent who sees the benevolence, the ascent and the ultimate goal.

Far in the pillared dark Thrush music went- Almost like a call to come in To the dark and lament. But no, I was out for stars: I would not come in. I meant not even if asked, And I hadn't been.