Caught Quote by Bruce Kovner

Perhaps my number one rule is: Don't try to make a profit on a bad trade, just try to find the best place to…

— Linda Bradford Raschke

The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5.…

— Ed Seykota

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you…

— Ed Seykota

The moral is that in trading it's important to examine the situation from as many angles as possible, because your initial impulses are probably…

— Jeff Yass

Your trading needs to boil down to rules, money management, and that is it.

— Michael Covel

The first rule in making money is not to lose it.

— Steven J. Lee

I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If…

— Larry Hite

One of my rules for investing is, I don't invest in a deal where I don't think I have an unfair advantage and where…

— Chris Sacca

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

I basically learned that you must get out of your losses immediately. It's not merely a matter of how much you can afford to…

— Randy McKay

We try not to have many investing 'rules,' but there is one that has served us well: If we decide we were wrong about…

— David Einhorn

Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on. Some people say,…

— Bill Lipschutz