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.

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

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

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

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

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

Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions.