"I absolutely believe that price movement patterns are being repeated; they are recurring patterns that appear over and over. This is because the stocks were being driven by humans- and human nature never changes".
-Jesse Livermore (Considered by many to be the greatest stock market operator ever. Made 100 million dollars in 1929 stock market crash. Made several other multi-million dollar fortunes in his trading career).
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"You have to cut your losses fast. The secret for winning in the stock market does not include being right all the time. The key is to lose the least amount possible when you are wrong".
-William J. O'Neil (In my opinion, the best stock market operator in the world today. Has made an incredible fortune trading the stock market. O'Neil is the founder of Investors Business Daily. Much of my stock market education and training has been from William J. O'Neil).
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"The most important rule of trading is to play great defense".
-Paul Tudor Jones (An amazingly consistent and successful trader. In 2006, earned a whopping 750 million dollars).
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"Most of my success has been due to my hanging on while my profits mounted. There is the big secret".
-Arthur W. Cutten (Gained wealth and prominence, early in the 20th century, as a commodity trader, mostly in the wheat market.
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"Virtually every successful trader I know ultimately ended up with a trading style suited to his personality".
-Randy McKay (Turned $2000 into $70,000 his first year of trading. Went on to double digit million dollar gains).
Hope this makes a differnce to the way you trade
RANVIR SINGH
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