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The game of speculation quotes

The trading game of speculation by Jesse Livermore

Speculators are not interested in putting their money into a stock or commodity for a long time. They want to see a good profit quickly – on a time scale of minutes to months. If their money does not quickly perform well in a situation, they move it into another situation. In pursuit of greater gain, speculators take greater risks with their capital than people who put their money into Savings & CD Accounts. For … Continue reading

50 Great quotes about trading

Life is either a daring adventure or nothing. Helen Keller First of all you must keep well in mind that a complete trading system covers each of the decisions required for successful trading, that is: Markets – What to buy or sell Position Sizing – How much to buy or sell Entries – When to buy or sell Stops – When to get out of a losing position Exits – When to get out of … Continue reading