A lot of people would rather understand the market than make money

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

Trend following is an exercise in observing and responding to the ever-present moment of now

Charting is a little like surfing. You dont have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when its happening and then have the drive to act at the right time.

If you can't measure it, you probably can't manage it Things you measure tend to improve.

A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That's the kind of thing winning traders do.

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