Money Quote by Ray Dalio

“In trading you have to be defensive and aggressive at the same time.”

— Ray Dalio

“If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep…

— Ray Dalio

“Value of a Trade Mark is directly proportional to your Aggression and Risk Ratio.”

— Kalyan C. Kankanala

“Money is just something you need in case you do not die tomorrow. Let this is a reminder for you not to obsess over…

— Yvan Byeajee

The defensive (or passive) investor will place chief emphasis on the avoidance of serious mistakes or losses. His second aim will be freedom from…

— Benjamin Graham

“Understanding the value of a security and whether it's trading above or below that value is the difference between investing and speculating.”

— Coreen T. Sol

“To sell successfully, you don't have to be aggressive. You don't need to be anything other than you. You just need to experiment until…

— Matthew Pollard

“If you want to reap big gains in the market, make up your mind right now that you are going to separate trading from…

— Mark Minervini

“You don’t make money by trading, you make it by sitting.”

— Fred McAllen

“In good years, defensive investors have to be content with the knowledge that their gains, although perhaps less than maximal, were achieved with risk…

— Howard Marks

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

The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can…

— Bruce Kovner