When a market makes a historic high, it is telling you something. No matter how many people tell you why the market shouldn't be that high, or why nothing has changed, the mere fact that the price is at a… — Larry Hite Copy Share Image
When a market makes a historic high, it is telling you something. No matter how many people tell you why the market shouldn't be… — Larry Hite Copy Share Image
We approach markets backwards. The first thing we ask is not what can we make, but how much can we lose. We play a… — Larry Hite Copy Share Image
There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a… — Larry Hite Copy Share Image
No matter what information you have, no matter what you are doing, you can be wrong. — Larry Hite Copy Share Image
We diversify in two ways. First, we probably trade more markets worldwide than any other money manager. Second, we don't just use a single… — Larry Hite Copy Share Image
If you diversify, control your risk, and go with the trend, it just has to work. — Larry Hite Copy Share Image
Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping… — Larry Hite Copy Share Image
Throughout my trading career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk.… — Larry Hite Copy Share Image
I have noticed that everyone who has ever tried to tell me that markets are efficient is poor. — Larry Hite Copy Share Image
