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.
Jack D. SchwagerTraders focus almost entirely on where to enter a trade. In reality, the entry size is often more important than the entry price
Jack D. SchwagerBeing a successful investor & winning in the stock market is a matter of skill & discipline and not luck alone
Jack D. SchwagerYou don't have to get in or out of a position all at once. Avoid the temptation of wanting to be completely right.
Jack D. Schwager