Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined… — Bruce Kovner Copy Share Image
Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he’s not going to… — Bruce Kovner Copy Share Image
In 1983, I set up Caxton Corp. Its been an interesting and happy ride since. — Bruce Kovner Copy Share Image
Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your… — Bruce Kovner Copy Share Image
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks. — Bruce Kovner Copy Share Image
In 1983, I set up Caxton Corp. It's been an interesting and happy ride since. — Bruce Kovner Copy Share Image
My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on… — Bruce Kovner Copy Share Image
The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can… — Bruce Kovner Copy Share Image
If you don't work very hard, it is extremely unlikely that you will be a good trader. — Bruce Kovner Copy Share Image
I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally. — Bruce Kovner Copy Share Image
Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by… — Bruce Kovner Copy Share Image
Michael [Marcus] taught me one thing that was incredibly important... He taught me that you could make a million dollars. He showed me that… — Bruce Kovner Copy Share Image
![“Michael [Marcus] taught me one thing that was incredibly important...…” quote by Bruce Kovner](https://sms4smile.com/quotes/img-quotes/9e8/bruce-kovner-30819_can-do_michael-marcus-taught-me-one-thing-that_1708047.jpg)