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 applied yourself, great things could happen. It is very easy to miss the point that you really can do it.
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 …
- 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…
I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally. - Bruce Kovner
I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.
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 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…
Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum do… - Bruce Kovner
Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum do…
In a bear market, you have to use sharp countertrend rallies to sell. - Bruce Kovner
In a bear market, you have to use sharp countertrend rallies to sell.
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.
My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should b… - Bruce Kovner
My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should b…
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