Being wrong is acceptable, but staying wrong is totally unacceptable.

Being wrong is acceptable, but staying wrong is totally unacceptable.

Being a successful investor & winning in the stock market is a matter of skill & discipline and not luck alone

Traders focus almost entirely on where to enter a trade. In reality, the entry size is often more important than the entry price

The ability to change one's mind is probably a key characteristic of the successful investor. Dogmatic and rigid personalities rarely, if ever, succeed in the markets. The markets are a dynamic process, and sustained investment success requires the ability to modify and even change strategies as markets evolve.

Michael Jordan didn’t become a great basketball player because he wanted to do product endorsements. Van Gogh didn’t become a great painter because he dreamed that one day his paintings would sell for $50 million.

Good traders liquidate when they are wrong, great traders reverse when they are wrong