“I know where I’m getting out before I get in.” - Bruce Kovner
“It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong.” - George Soros
“It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong.” - George Soros
Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets. - Michael Carr
Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets. - Michael Carr
Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets. - Michael Carr
Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets. - Michael Carr
Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets. - Michael Carr
One way to trade a breakout is after the break has occurred. You may not have noticed the significance of a particular technical level, or you may not have left orders in overnight to exploit a break. You turn on your computer the next morning to discover that prices have jumped higher overnight and feel like you’ve missed the boat. But you may still get a chance...
A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold. In the case of a break to the upside, for example, after the initial wave of buying has run its course, prices may stall and trigger very short-term profit-taking selling. The tendency is for prices to return to the breakout level, which should...
“I believe in analysis and not forecasting.” – Nicolas Darvas
“It’s critical for the crocodile to understand its prey and to know where to look for it and remain calm and patient until it arrives. As traders, we have to know what our trading edge looks like and where to look for it and then control ourselves enough to not over-trade before it arrives.” – Nial Fuller
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” - Jaymin Shah
“You never know what kind of setup market will present to you, your objective should be to find opportunity where risk-reward ratio is best.” - Jaymin Shah
“You never know what kind of setup market will present to you, your objective should be to find opportunity where risk-reward ratio is best.” - Jaymin Shah