I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.

The biggest secret about success is that there isn't any big secret about it, or if there is, then it's a secret from me, too. The idea of searching for some secret for trading success misses the point.

Good traders trade. Good letter writers write letters.

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.

Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

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

The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.