Words from the wise On trading and investing.


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What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower William Oneil

When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stocks on a scale down, I buy on a scale up Jesse Livermore

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up Jesse Livermore

In life or in any other endeavour, it is our inner demon that does us in - Edwin Leferve

It takes a man a long time to learn all the lessons of his mistakes - Edwin Leferve

A trader must believe in himself and his judgement if he has to make money in the markets - Edwin Leferve

Most of the big money is made in stock markets by having patience to hold on to a long or short position - Edwin Leferve

Amateurs want to be right. Professionals want to make money - Unknown

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell Sir John Templeton

If you want to have a better performance than the crowd, you must do things differently from the crowd Sir John Templeton

The four most dangerous words in investing are 'This time it's different' - Sir John Templeton

Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic Warren Buffet

If past history was all there was to the game, the richest people would be librarians Warren Buffet

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful Warren Buffet

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception George Soros

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong George Soros

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected George Soros

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten Peter Lynch

Time is your friend; impulse is your enemy John Bogle

If you have trouble imaging a 20% loss in the stock market, you shouldn't be in stocks John Bogle

As long as you enjoy investing, you'll be willing to do the homework and stay in the game. That's why I try to make the show so entertaining, because if you aren't interested, you'll either miss the opportunity to make money in the market or not pay enough attention and end up losing your shirt Jim Cramer

Other unknown :

Buy on fear, sell on greed.
Buy on the rumor, sell on the news.
The trend is your friend.

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