You Learn More From Your Losses, Than

If Life Ever Ceased To Be An Educational Experience. I Probably Wouldn't Get Out Of Bed In The Morning.

The Most Important Rule Is To Play Great Defense, Not Great Offense. Everyday I Assume Every Position I Have Is Wrong. I Know Where My Stop Risk Points Are Going To Be. I Do That So I Can Define My Maximum Drawdown. Hopefully, I Spend The Rest Of The Day Enjoying Positions That Are Going In My Direction. If They Are Going Against Me, Then I Have A Game Plan For Getting Out.

I'm Always Thinking About Losing Money As Opposed To Making Money. Don't Focus On Making Money, Focus On Protecting What You Have

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

First If All, Never Play Macho Man In The Market. Second, Never Overtrade. My Major Problem Was Not The Number Of Points I Lost On The Trade, But That I Was Trading Far Too Many Contracts Relative To The Equity In The Accounts That I Handled.