- You are not in the game, you are in the bleachers. All you can do is enter and exit.
- If the market goes with you, all you can do is try to go with it and jump off quick if turns against you.
- If you think in terms of winning and losing, you have already lost.
- Your goal should be to make good trades not money. Good trades will make money often enough.
- Strive to have a 4 to 1 reward risk ratio.
- Trade criteria, trade neutral; your opinion + your ego + your money = Disaster on a stick.
- When you make money on a trade, you have not beaten the market, you have blended with it.