Being wrong is acceptable, but staying wrong is totally unacceptable. — Jack D. Schwager Copy Share Image
Good traders liquidate when they are wrong, great traders reverse when they are wrong — Jack D. Schwager Copy Share Image
There are a million ways to make money in the markets. The irony is that they are all very difficult to find. — Jack D. Schwager Copy Share Image
Traders focus almost entirely on where to enter a trade. In reality, the entry size is often more important than the entry price — Jack D. Schwager Copy Share Image
Being wrong is acceptable, but staying wrong is totally unacceptable. — Jack D. Schwager Copy Share Image
If you don’t stay with your winners, you are not going to be able to pay for the losers. — Jack D. Schwager Copy Share Image
Michael Jordan didn’t become a great basketball player because he wanted to do product endorsements. Van Gogh didn’t become a great painter because he… — Jack D. Schwager Copy Share Image
The ability to change one's mind is probably a key characteristic of the successful investor. Dogmatic and rigid personalities rarely, if ever, succeed in… — Jack D. Schwager Copy Share Image
One of my favorite patterns is the tendency for the markets to move from relative lows to relative highs and vice versa every two… — Jack D. Schwager Copy Share Image
Being a successful investor & winning in the stock market is a matter of skill & discipline and not luck alone — Jack D. Schwager Copy Share Image
You don't have to get in or out of a position all at once. Avoid the temptation of wanting to be completely right. — Jack D. Schwager Copy Share Image
