Never try to sell at the top. It isn't wise. Sell after a reaction if there is no rally.

I began to realize that the big money must necessarily be in the big swing.

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.

If the unusual never happened there would be no difference in people and then there wouldn't be any fun in life. The game would become merely a matter of addition and subtraction. It would make of us a race of bookkeepers with plodding minds. It's the guessing that develops a man's brain power.

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.

There are times when you should be completely out of the market, for emotional as well as economic reasons.