Visceral

“Learning is, after all, not whether we lose the game, but how we lose and how we've changed because of it and what we take away from it that we never had before to apply to other games. Losing, in a curious way, is winning.
-Richard Bach”
― Victor Sperandeo, Trader Vic--Methods of a Wall Street Master

“The worst thing that can happen to you in the markets is being right and still losing money. That’s the danger in buying on rallies and selling on breaks these days.”
― Jack D. Schwager, The New Market Wizards: Conversations with America's Top Traders

“Now it’s no longer sufficient to assume that because you trade with the trend, you’ll make money. Of course, you still need to be with the trend, because it puts the percentages in your favor, but you also have to pay a lot more attention to where you’re getting in and out.”
― Jack D. Schwager, The New Market Wizards: Conversations with America's Top Traders

“When asked what he thought the average trader did wrong, Tom Baldwin, who in the days before electronic trading was the largest individual trader in the Treasury bond pit, replied, “They trade too much. They don’t pick their spots selectively enough.”
― Jack D. Schwager, The Little Book of Market Wizards: Lessons from the Greatest Traders