To avoid whipsaw losses, stop trading.

It’s all about sticking to your plan and experiencing feelings as they arise. If you are unwilling to feel your feelings, the temptation is to avoid them by jumping off your system

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

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.

There are old traders and there are bold traders, but there are very few old, bold traders.

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

Longevity is the key to success.