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Larry Hite Quotes: 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.
         

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.


Larry Hite
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Other quotes of Larry Hite


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.

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

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



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

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



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

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.

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.

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



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

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.

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.





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to travel is worth any cost or sacrifice.

to travel is worth any cost or sacrifice.



To them he’s the slightly less frightening alternative to the grim reaper.

To them he’s the slightly less frightening alternative to the grim reaper.



I just like music all the way around the board. I can't stick to one thing - I've got to move around.

I just like music all the way around the board. I can't stick to one thing - I've got to move around.



In order every one in our homeland learns principles of democracy and the peaceful transition of power, and in order to stabilize and develop multiple choices in democratic practice.

In order every one in our homeland learns principles of democracy and the peaceful transition of power, and in order to stabilize and develop multiple choices in democratic practice.



We didn't stow away!" Dan protested. "You sunk our boat and pulled us out of the canal!" "Good point," Ian agreed. "Return them to the canal. Roughly, please.

We didn't stow away!" Dan protested. "You sunk our boat and pulled us out of the canal!" "Good point," Ian agreed. "Return them to the canal. Roughly, please.



The man who has gotten everything he wants is all in favor of peace and order.

The man who has gotten everything he wants is all in favor of peace and order.



Through music you can become sad, joyful, loving, you can learn. You can learn mathematics, touch, pacing... Oh my God! Ooh... Wow... You can see colors through music. Anything!

Through music you can become sad, joyful, loving, you can learn. You can learn mathematics, touch, pacing... Oh my God! Ooh... Wow... You can see colors through music. Anything!



No government ever voluntarily reduces itself in size.

No government ever voluntarily reduces itself in size.



Above all, train hard, eat light, and avoid TV and people with negative attitudes.

Above all, train hard, eat light, and avoid TV and people with negative attitudes.



In cities like Athens, poor houses lined narrow and tortuous streets in spite of luxurious public buildings.

In cities like Athens, poor houses lined narrow and tortuous streets in spite of luxurious public buildings.




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This page presents the quote "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.". Author of this quote is Larry Hite. This quote is about indifferent, equity, risk, trade, constant, individual, critical,.