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“Not losing big is the single most important factor for winning big. As a speculator, losing is not a choice, but how much you lose is.”
― Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
― Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
“there really is no intelligent reason to increase your trading size if your positions are showing losses.”
― Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
― Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
“To compound your money, and not your mistakes, your goal is to buy on the way up—not on the way down.”
― Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
― Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
“Virtually every superperformance phase in big, winning stocks occurred while the stock price was in a definite price uptrend. In almost every case, the trend was identifiable early in the superperformance advance.”
― Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market
― Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market
Lothar’s 2024 Year in Books
Take a look at Lothar’s Year in Books, including some fun facts about their reading.
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