As I've told my three daughters, all of whom I've at one time encouraged to go into macro trading, any man or woman can do anything to which they set their heart and mind.

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

First of all, never play macho man with the market. Second, never overtrade.

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

You learn more from your losses, than from your gains.

Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market.

Sometimes failure is merely chasing you off the wrong road and onto the right one.