If you personalize losses, you can't trade.
Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperatu… - Bruce Kovner
Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperatu…
- Bruce Kovner
The Heisenberg principle - If something is closely observed, the odds are it is going to be altered in the process. The more a price pattern is obser… - Bruce Kovner
The Heisenberg principle - If something is closely observed, the odds are it is going to be altered in the process. The more a price pattern is obser…
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks. - Bruce Kovner
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.
If you don't work very hard, it is extremely unlikely that you will be a good trader. - Bruce Kovner
If you don't work very hard, it is extremely unlikely that you will be a good trader.
If you personalize losses, you can't trade. - Bruce Kovner
Michael [Marcus] taught me one thing that was incredibly important... He taught me that you could make a million dollars. He showed me that if you ap… - Bruce Kovner
Michael [Marcus] taught me one thing that was incredibly important... He taught me that you could make a million dollars. He showed me that if you ap…
Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you thin… - Bruce Kovner
Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you thin…
Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I'm getting out before I get in. The positio… - Bruce Kovner
Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I'm getting out before I get in. The positio…
Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with … - Bruce Kovner
Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with …
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