Best Quote by Lloyd Blankfein

Good traders liquidate when they are wrong, great traders reverse when they are wrong

— Jack D. Schwager

I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You…

— Bill Lipschutz

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

The prevailing wisdom is that markets are always right. I take the opposite position. I assume that markets are always wrong.

— George Soros

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

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

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

In the stock market... You can be right for the wrong reasons or wrong for the right reasons.

— John Allen Paulos

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

Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it…

— Peter Lynch

Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy.

— John Paulson

When most investors, including the pros, all agree on something, they're usually wrong.

— Carl Icahn