Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.
Ed SeykotaPyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.
Ed SeykotaIf 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.
Ed SeykotaIf you can't measure it, you probably can't manage it Things you measure tend to improve.
Ed Seykota