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Economies are cyclical, and the markets have shown that they will recover. Many of the best quotes about investing urge thoughtfulness over impulsiveness, boldness instead of caution, and smart research over flavor-of-the-month decision making. Once you’ve made a decision, make sure to re-evaluate your portfolio on a timely basis.<\/p>\n<\/p>\n
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The statement above is a death sentence for most traders. What Ed Seykota is saying here is that some traders are there own worst enemy. In fact, I would argue that this is true for most traders. As George Soros has pointed out, what\u2019s important is how much you make when you\u2019re right and how much you lose when you\u2019re wrong.<\/p>\n<\/p>\n
It’s one of great investment quotes, as Buffet points to take the best advantage you can from the opportunities when it comes. There is the plain fool, who does the wrong https:\/\/trading-market.org\/<\/a> thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. One way is to know where you\u2019re getting out before you get in.<\/p>\n<\/p>\n