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.

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.

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.

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

Our emotions are like programs that function under the control of the operating system comprising of our beliefs.

instead of being obsessed with watching greatness i'd rather do greatness

All our good deeds cannot save us.We are saved by grace and faith in Jesus Christ.

I don’t think anyone ever gets completely used to conflict. If it’s not a little uncomfortable, then it’s not real. The key is to keep doing it anyway

Conviction without experience makes for harshness.

If you look at a shape like a straight line, what's remarkable is that if you look at a straight line from close by, from far away, it is the same; it is a straight line.

Harder he works, the luckier he gets.

Excellence is not an act but a habit. The things you do the most are the things you will do best.

There is another consequence of any belief in a single god, and that is that it is a very good excuse for people to behave very badly.

The Guardians wouldn't abandon the last Dragomir. And I wouldn't have abandoned Lissa even if there were a million Dragomirs.