“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.”
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”
“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.”
“The market is a device for transferring money from the impatient to the patient.”
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