It's very difficult to be different from the rest of the crowd the majority of the time, which by definition is what you're doing if you're a successful trader. — Bill Lipschutz Copy Share Image
I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You… — Bill Lipschutz Copy Share Image
When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the… — Bill Lipschutz Copy Share Image
Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on. Some people say,… — Bill Lipschutz Copy Share Image
If most traders would learn to sit on their hands 50 per cent of the time, they would make a lot more money. — Bill Lipschutz Copy Share Image
It's very difficult to be different from the rest of the crowd the majority of the time, which by definition is what you're doing… — Bill Lipschutz Copy Share Image
