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

Losing a position is aggravating, whereas losing your nerve is devastating.

In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.

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

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.

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

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