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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. Jesse Livermore The man who can drive himself further once the effort gets painful, is the man who will win. Roger Bannister. Patience: even if you’re good at investing it takes a long time to get … Continue reading

The 10 Golden Rules of Trading by Paul King

There are a million ways to make money in the markets. The irony is that they are all very difficult to find. Jack D. Schwager I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell. Tom Basso The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can … Continue reading