The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.

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.

Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.

Longevity is the key to success.

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

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

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.