Good traders trade. Good letter writers write letters.

To avoid whipsaw losses, stop trading.

If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming in, it'll never happen. The market is always right.

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

There are old traders and there are bold traders, but there are very few old, bold traders.

It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to satisfy them. Those who want to win and lack skill can get someone with skill to help them.

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