One common adage...that is completely wrongheaded is: You can't go broke taking profits. That's precisely how many traders do go broke. While… — William Eckhardt Copy Share Image
“A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes… — Adam Smith Copy Share Image
Amateurs go broke taking large losses, professionals go broke taking small profits. — William Eckhardt Copy Share Image
“The winning investor’s objective should be to have one or two big winners rather than dozens of very small profits” (How to… — Gil Morales Copy Share Image