If you can't take a small loss, sooner or later you will take the mother of all losses.

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

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

Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky.

The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

I don’t predict a nonexisting future.

The idea of searching for some secret for trading success misses the point.