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

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.

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

Working to anticipate the future can be a distraction from the important task of dealing with the present.

Be sensitive to subtle differences between 'intuition' and 'into wishing'.

The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.

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