Brad Koteshwar

“There will be periods where nothing looks good from a price/volume perspective. And even if something looks good, market conditions make it impossible to be successful as the market does not offer decent odds of winning. In such periods, it is very important not be active in the market. It is very important to sit back and wait and observe the market action. This is very very hard for most folks. There is always someone hyping some stock all the time. To sit back and not fall for the hype is extremely hard for most folks.”
― Brad Koteshwar, The Perfect Speculator: How to Win Big in Up Markets and Lose Nothing in Down Markets

“When I was a young man and new to the market, I made the mistake of trying to catch a move before the trend began. I used to think that I had to get in before the crowd got in. That is a mistake most folks continue to make in the market. This is the human element part of our downfall. It took me years and huge almost insurmountable losses to figure out that more money has been lost in trying to catch the bottom or the beginning of a move than anyone ever knew.”
― Brad Koteshwar, The Perfect Speculator: How to Win Big in Up Markets and Lose Nothing in Down Markets