Throughout my trading career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.
Frankly, I don't see markets; I see risks, rewards, and money. - Larry Hite
Frankly, I don't see markets; I see risks, rewards, and money.
- Larry Hite
It is incredible how rich you can get by not being perfect - Larry Hite
It is incredible how rich you can get by not being perfect
When a market makes a historic high, it is telling you something. No matter how many people tell you why the market shouldn't be that high, or why no… - Larry Hite
When a market makes a historic high, it is telling you something. No matter how many people tell you why the market shouldn't be that high, or why no…
I have noticed that everyone who has ever tried to tell me that markets are efficient is poor. - Larry Hite
I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.
We diversify in two ways. First, we probably trade more markets worldwide than any other money manager. Second, we don't just use a single best sys… - Larry Hite
We diversify in two ways. First, we probably trade more markets worldwide than any other money manager. Second, we don't just use a single best sys…
Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small … - Larry Hite
Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small …
If you diversify, control your risk, and go with the trend, it just has to work. - Larry Hite
If you diversify, control your risk, and go with the trend, it just has to work.
I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet. - Larry Hite
I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet.
I don't trade for excitement; I trade to win - Larry Hite
I don't trade for excitement; I trade to win
Login to join the discussion
Login to join the discussion