I never argue with the tape. To be angry at the market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia.

People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth.

There is time to go long, time to go short and time to go fishing.

Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.

I know from experience that nobody can give me a tip or a series of tips that will make more money for me than my own judgment.

Never buy at the bottom, and always sell too soon.

Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.