Decision Quote by Richard Dennis
“Trading decisions should be made as unemotionally as possible.”
About This Quote
Source Book: Market Wizards, 1995
Trading decisions should be based on data and logic, minimizing emotional bias.
In simple terms: Trade with logic, not emotion.
Use systematic strategies.
Themes
Mood
Type
When to use this quote
- stock trading
- portfolio rebalancing
- algorithmic models
Key Concepts
Questions to Reflect On
- How do you handle unexpected market shifts?
- What safeguards reduce emotional reactions?
Markets can be unpredictable despite data.