Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.

Michael Marcus

Categorized in : Long Loss Cutting

Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough.

failure courage success

Perhaps the most important rule is to hold on to your winners and cut your losers. Both are equally important. If you don’t stay with your winners, you are not going to be able to pay for the losers.

cutting important pay

I think the leading cause of financial disablement is the belief that you can rely on the experts to help you. Investing requires an intense personal involvement.

investing experts thinking

Mathematics is the supreme nostalgia of our time. by Michael Marcus

Mathematics is the supreme nostalgia of our time.

our-time mathematics nostalgia

You can build one of these types of water plants for about the same cost as purchasing imported water.

environment