I believe that great success is possible in any field — from music to mathematics to macro trading.

When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.

It is not that we had any unfair knowledge that other people didn't have, it is just that we did our homework. People just don't want to believe that anyone can break away from the crowd and rise above mediocrity.

Don't be a hero. Don't have an ego.

You can achieve great economic gains by solving social problems.

If life ever ceased to be an educational experience. I probably wouldn't get out of bed in the morning.

Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.