I am more scared now that I was at any point since I began trading, because I recognize how ephemeral success can be in this business. I know that to be successful, I have to be frightened. My biggest hits have always come after I have had a great period and I started to think that I knew something.

I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have

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

We have ripped the humanity out of our companies. It's threatening the very underpinnings of our society.

Trading gives you an incredibly intense feeling of what life is all about.

The whole world is simply nothing more than a flow chart for capital.

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.