- “Always think of your entry point as last night’s close.”
- “I will keep cutting my position size down as I have losing trades. When I am trading poorly, I keep reducing my position size. That way, I will be trading my smallest position size when my trading is worst.”
- “Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead.”
- “Markets trend only about 15 percent of the time; the rest of the time they move sideways.”