Wisdom Dump

[whisky]

The best lines I ever liked:

Confidence comes from not being always right, but from not fearing to be wrong. - Niels Bohr

Individuals who cannot master their emotions are ill-suited to profit from the
investment process. - Ben Graham

The great irony of trading is that it is difficult precisely because it is so very simple. � Curtis Faith

Well said:thumb:

 

[whisky]

“The sad truth is that there are only three kinds of financial prognosticators: those who don't know, those who don't know they don't know, and those who know they don’t know and get paid big bucks to pretend they know.” – Burton Malkiel

:rofl::rofl:Teri unchi shan hai molah.. Ase aso ko diya hai.. Humko bhi lift karade:thumb:

 

[RavishReport]

Losing trades are inevitable, even for the very best traders, and should be regarded as stepping stones toward consistent profits.

 

[RavishReport]

Taking a token profit early in a trade can do wonders for one’s confidence and timing in managing the trade from that point forward.

 

[whisky]

Taking a token profit early in a trade can do wonders for one’s confidence and timing in managing the trade from that point forward.

can be added to my rules.:thumb:

 

[SKU]

Never trade with money you cannot afford to lose – back-to-the-wall, so to speak – nor needing to profit in order to pay for necessities.

 

[SKU]

Using stop losses and trailing stops, keep risk and reward in a fixed ratio throughout a trade.

 

[RavishReport]

Two Paths to Financial Independence

1. Own your own successful business.

2. Own a piece of someone else's successful business.

... Billionaire J. Paul Getty, founder of Getty Oil.

 

[RavishReport]

This thread is best as Wisdom is truly Dump, people are sleeping.

 

[RavishReport]

People who wants to bring change always considered fool by people don't want to change. Keeping silent shows wisdom is getting dumped.