Don't Be A Hero. Don't Have An

Failure Was A Key Element To My Life’s Journey.

Fundamentals Might Be Good For The First Third Or First 50 Or 60 Percent Of A Move, But The Last Third Of A Great Bull Market Is Typically A Blow-off, Whereas The Mania Runs Wild And Prices Go Parabolic... There Is No Training, Classroom Or Otherwise, That Can Prepare For Trading The Last Third Of A Move, Whether It's The End Of A Bull Market Or The End Of A Bear Market.

When You Get A Range Expansion, The Market Is Sending You A Very Loud, Clear Signal That The Market Is Getting Ready To Move In The Direction Of That Expansion.

If I Have Positions Going Against Me, I Get Right Out; If They Are Going For Me, I Keep Them Risk Control Is The Most Important Thing In Trading. If You Have A Losing Position That Is Making You Uncomfortable, The Solution Is Very Simple: Get Out, Because You Can Always Get Back In.

The Secret To Being Successful From A Trading Perspective Is To Have An Indefatigable And An Undying And Unquenchable Thirst For Information And Knowledge.