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Inspirational Quote by Richard Dennis

“Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.” quote by Richard Dennis — Download Open image

“Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.”

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Inspirational Learn from your mistakes Mistake Trade

More by Richard Dennis

There is another point that I think is as important: You should expect the unexpected in this business; expect the extreme. Don’t think in terms of boundaries that limit what the market might do. If there is any lesson I have learned in the nearly twenty years that I’ve been in this business, it is that the unexpected and the…

Trading decisions should be made as unemotionally as possible.

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You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a…

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A good trend following system will keep you in the market until there is evidence that the trend has changed.

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I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline.

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When you are getting beat to death, get your head out of the mixer.

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When things aren't going right, don't push, don't press.

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Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that…

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I could trade without knowing the name of the market.

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I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will…

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You should always have a worst case point. The only choice should be to get out quicker.

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The market being in a trend is the main thing that eventually gets us in a trade. That is a pretty simple idea. Being…

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