It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.
People want to buy cheap and sell dear; this by itself makes them countertrend. But the notion of cheapness or dearness must be anchored to something… - William Eckhardt
People want to buy cheap and sell dear; this by itself makes them countertrend. But the notion of cheapness or dearness must be anchored to something…
- William Eckhardt
In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotion… - William Eckhardt
In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotion…
Don't think about what the market's going to do; you have absolutely no control over that. Think about what you're going to do if it gets there. In p… - William Eckhardt
Don't think about what the market's going to do; you have absolutely no control over that. Think about what you're going to do if it gets there. In p…
I take the point of view that missing an important trade is a much more serious error than making a bad trade. - William Eckhardt
I take the point of view that missing an important trade is a much more serious error than making a bad trade.
I haven't seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few aren't. Many outstan… - William Eckhardt
I haven't seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few aren't. Many outstan…
It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies. - William Eckhardt
The people who survive avoid snowball scenarios in which bad trades cause them to become emotionally destabilized and make more bad trades. They are … - William Eckhardt
The people who survive avoid snowball scenarios in which bad trades cause them to become emotionally destabilized and make more bad trades. They are …
Amateurs go broke taking large losses, professionals go broke taking small profits. - William Eckhardt
Amateurs go broke taking large losses, professionals go broke taking small profits.
Good systems tend to violate normal human tendencies. - William Eckhardt
Good systems tend to violate normal human tendencies.
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