"I’ll keep reducing my trading size as long as I’m losing… My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds."
~Randy McKay
"The whole secret to winning and losing in the stock market is to lose the least amount possible when you’re not right."
~William J. O’Neil
"Knowing when to take a loss is extremely important. It’s very simple: If you don’t take your losses in the trading pit, you can’t play with us in the pit for very long.”
~Charlie P. DiFrancesca
“Start small. Change can be brought about simply by becoming aware of what you are doing. This increase in consciousness will give you choice in controlling your automatic responses in your activities. This can have profound effects on how you trade. Small changes in your trading can provide proof that you can have an impact on your life. From this you will learn how to harness the power that is released in the process of changing. Keep making small adjustments to keep aligned with your goal. Don’t push too hard. You only need to concentrate on producing concrete results.”
~Ari Kiev, M.D.
Book: Trading to Win
~Ed Seykota
Go to account opening page now
Existing Clients
Refer A Friend And Be Rewarded!
Reuters Business News Business Week Investing / Finance News Articles from Motley Fool
