Intellectual capital will always trump financial capital.

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.

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

First if all, never play macho man in the market. Second, never overtrade. My major problem was not the number of points I lost on the trade, but that I was trading far too many contracts relative to the equity in the accounts that I handled.

Failure was a key element to my life’s journey.

There's such an emphasis on making money that we've really taken the humanity out of business.

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