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.

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

Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.

Oh, miraculous chameleon, science, who can reverse your doctrine hourly and never shake our faith! What cult ever battered by this world of doubt can help but envy you?

God desires to use every believer to spread his kingdom everywhere in a grand manner.

The lives great artists live and the books they write are two very different things.

With a ring around the rosaryAnd a pocket full of crossesAshes to ashesThey'll all fall down

Saying and Doing, have quarrel'd and parted.

There are only patterns. Patterns on top of patterns, patterns that affect other patterns, patterns hidden by patterns, patterns within patterns.

I'd like to do something with the Avett Brothers.

It ar'n't that I loves the fox less, but that I loves the 'ound more.

Too often, the person who wrecks our work is us.

Almighty Father, please stop making jerks. Amen...Break!