Reverse Quote by Jack D. Schwager Download Open image “Good traders liquidate when they are wrong, great traders reverse when they are wrong” — Jack D. Schwager ★ ★ ★ ★ ★ 4.3 out of 5 (8 ratings) Copy quoteShare Reverse Traders
The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are… — Lloyd Blankfein Copy Share Image
The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades… — Linda Bradford Raschke Copy Share Image
“Markets are actually set up so that most traders must lose money” — Alexander Elder Copy Share Image
Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that… — Richard Dennis Copy Share Image
Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut… — Michael Marcus Copy Share Image
To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy… — Alexander Elder Copy Share Image
The markets are always changing, and the successful trader needs to adapt to these changes. — Michael Steinhardt Copy Share Image
Traders take a good system and destroy it by trying to make it into a perfect system. — Robert Prechter Copy Share Image
One characteristic that I have observed about the timing of all good traders is that they never try to squeeze out the last point… — Venita VanCaspel Copy Share Image
When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers. — Adam Smith Copy Share Image
In the stock market, when you are right, you make a little money; when you are wrong, you learn a lot of lessons, so… — Mika 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
Obama's perverse view of fairness threatens to create reverse incentives, militating against growth, jobs, expansion and upward mobility. — Dick Morris Copy Share Image
Jesus never met a disease he could not cure, a birth defect he could not reverse, a demon he could not exorcise. But he… — Philip Yancey Copy Share Image
The pace of global warming is accelerating and the scale of the impact is devastating. The time for action is limited - we are… — Eliot Spitzer Copy Share Image
What one thing does the world need most today-apart, that is, from the all-inclusive thing we call righteousness? Aren't you inclined to agree that… — B. C. Forbes Copy Share Image
Moderate Republicans are reverse Houdinis. They tie themselves up in knots and then tell you they can’t do anything because they’re tied up in… — Barney Frank Copy Share Image
It is not what things are objectively and in themselves, but what they are for us, in our way of looking at them, that… — Arthur Schopenhauer Copy Share Image
During the 1970s and 1980s, the popular television soap opera As The World Turns portrayed sunrise during the opening credits and sunset during the… — Neil deGrasse Tyson Copy Share Image
Love naturally reverses the idea of obedience, and causes the struggle between any two who truly love each other to be, not who shall… — Frances Power Cobbe Copy Share Image
On one hand, we know that everything happens for a reason, and there are no mistakes or coincidences. On the other hand, we learn… — Yehuda Berg Copy Share Image
As a child, my mother told me lots of fairy stories, many her own invention. She, too, tended to reverse the norm. — Tanith Lee Copy Share Image
It is only by demanding the impossible of the piano that you can obtain from it all that is possible. For the psychologist this… — Heinrich Neuhaus Copy Share Image