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“A man must know himself thoroughly if he is going to make a good job out of trading in the speculative markets. To know what I was capable of in the line of folly was a long educational step. I sometimes think that no price is too high for a speculator to pay to learn that which will keep him from getting the swelled head.”
― Reminiscences of a Stock Operator
― Reminiscences of a Stock Operator
“If you have timed the movement correctly, your first commitment will show you a profit at the start. From then on, all that is required of you is to be alert, watching for the appearance of the danger signal to tell you to step aside and convert paper profits into real money.”
― How To Trade In Stocks
― How To Trade In Stocks
“The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you’re wrong.”
― How to Make Money in Stocks: A Winning System in Good Times and Bad
― How to Make Money in Stocks: A Winning System in Good Times and Bad
“It has always been my experience that I never benefited much from a move if I did not get in at somewhere near the beginning of that move.”
― How to Trade In Stocks
― How to Trade In Stocks
“The moral of the story is: never argue with the market. Your health and peace of mind are always more important than any stock.”
― How to Make Money in Stocks: A Winning System in Good Times and Bad
― How to Make Money in Stocks: A Winning System in Good Times and Bad
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