Can't win Quote by Larry Hite
“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 you lose all your chips, you can't bet.”
About This Quote
Source Book: Market Wizards, 1995
Winning requires participation and preserving capital; without bets you can’t win, and without chips you can’t bet.
In simple terms: Bet to win; keep chips to bet.
Balance risk‑taking with capital preservation.
Themes
Mood
Type
When to use this quote
- investment training
- financial education
- seminar
Key Concepts
Questions to Reflect On
- When should you stop betting?
- How do you protect your capital?
Over‑risk can lead to ruin.