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

“You don’t want to have a position before a move has started. You want to wait until the move is already under way before you get into the market.”
― Jack D. Schwager, The New Market Wizards: Conversations with America's Top Traders

“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

“I find that major trends are now frequently preceded by a sharp price change in the opposite direction. I still make my judgments as to probable price trends based on overall market action, as I always did. However, with a few exceptions, I now buy on breaks and sell on rallies.”
― Jack D. Schwager, The New Market Wizards: Conversations with America's Top Traders