It’s all about sticking to your plan and experiencing feelings as they arise. If you are unwilling to feel your feelings, the temptation is to avoid them by jumping off your system

Good traders trade. Good letter writers write letters.

It can be very expensive to try to convince the markets you are right.

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

Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.

Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.