The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of ten thousand brothers or cousins of the original.

It isn't a hunch but the subconscious mind, which is the creative mind, at work. That is the mind which makes artists do things without their knowing how they came to do them. Perhaps with me it was the cumulative effect of a lot of little things individually insignificant but collectively powerful.

Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.

Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.

At long as a stock is acting right, and the market is right, do not be in a hurry to take profits. One should never permit speculative ventures to run into investments.

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.