There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose.… — Larry Hite Copy Share Image
I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win.… — 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
