Don't give me timing, give me time

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 was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.

The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think.

There is only one side to the stock market; and it is not the bull side or the bear side, but the right side

A man must believe in himself and his judgement if he expects to make a living at this game. That is why I don't believe in tips."

If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.