--- title: "Meaning & Key Takeaway of: Trade small because thats when you are as…" description: "\"Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.\" — Richard Dennis" image: "https://sms4smile.com/quotes/i/e64/richard-dennis-32388_customer_trade-small-because-thats-when-you-are-a_2313711.png" --- # Trade small because thats when you are as bad as you are… ![“Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.” quote by Richard Dennis](https://sms4smile.com/quotes/i/e64/richard-dennis-32388_customer_trade-small-because-thats-when-you-are-a_2313711.png) [Download](https://sms4smile.com/quotes/i/e64/richard-dennis-32388_customer_trade-small-because-thats-when-you-are-a_2313711.png) [Open image](https://sms4smile.com/quotes/i/e64/richard-dennis-32388_customer_trade-small-because-thats-when-you-are-a_2313711.png) > “Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.” [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Accept that you have limits and learn from errors to improve. **In simple terms:** Know your limits and learn from mistakes. Key Takeaway Embrace humility and continuous learning. Themes humility learning risk management Mood cautious thoughtful Type financial motivational When to use this quote - trading - career development - personal finance Key Concepts self‑awareness feedback loops Questions to Reflect On - What mistakes teach you the most? - How can you set realistic expectations? A Different Perspective Ignoring limits can lead to reckless decisions. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Learn from your mistakes](https://sms4smile.com/quotes/about/learn-from-your-mistakes/) [Learn Mistakes](https://sms4smile.com/quotes/about/learn-mistakes/) [Mistake](https://sms4smile.com/quotes/about/mistake/) [Mistakes](https://sms4smile.com/quotes/about/mistakes/) [Small](https://sms4smile.com/quotes/about/small/) [Small Thats](https://sms4smile.com/quotes/about/small-thats-5505595/) [Trade](https://sms4smile.com/quotes/about/trade/) [Trade Small](https://sms4smile.com/quotes/about/trade-small-3888735/) ## Related quotes > [little every-day courtesies are called the small change of life; but we should be badly off in trade if we had no small change,…](https://sms4smile.com/quotes/julia-mcnair-wright/little-every-day-courtesies-are-called-the-small-change-of-life-but/) [Julia McNair Wright](https://sms4smile.com/quotes/author/julia-mcnair-wright/) > [“Don't ever make the mistake of believing that market success has to come to you fast. 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Move on.](https://sms4smile.com/quotes/anonymous/learn-from-your-mistakes-forgive-yourself-move-on/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I think as long as you learn from your mistakes, and don't make them over and over again, you're on the right path.](https://sms4smile.com/quotes/kim-kardashian/i-think-as-long-as-you-learn-from-your-mistakes-and-don-t-make-them/) [Kim Kardashian](https://sms4smile.com/quotes/author/kim-kardashian/) > [Fools you are who say you like to learn from your mistakes. I prefer to learn from the mistakes of others, and avoid the…](https://sms4smile.com/quotes/otto-von-bismarck/fools-you-are-who-say-you-like-to-learn-from-your-mistakes-i-prefer/) [Otto von Bismarck](https://sms4smile.com/quotes/author/otto-von-bismarck/) > [“Learn from your mistakes, Do not accept as a sin.”](https://sms4smile.com/quotes/akash-roshan/learn-from-your-mistakes-do-not-accept-as-a-sin/) [Akash Roshan](https://sms4smile.com/quotes/author/akash-roshan/) > [Another common misconception: You need to learn from your mistakes. What do you really learn from mistakes? You might learn what not to do…](https://sms4smile.com/quotes/rework/another-common-misconception-you-need-to-learn-from-your-mistakes/) [ReWork](https://sms4smile.com/quotes/author/rework/) > [Things happen for a reason. 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Don’t think in…](https://sms4smile.com/quotes/richard-dennis/there-is-another-point-that-i-think-is-as-important-you-should-expect/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [Trading decisions should be made as unemotionally as possible.](https://sms4smile.com/quotes/richard-dennis/trading-decisions-should-be-made-as-unemotionally-as-possible/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a…](https://sms4smile.com/quotes/richard-dennis/you-have-to-minimize-your-losses-and-try-to-preserve-capital-for/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [A good trend following system will keep you in the market until there is evidence that the trend has changed.](https://sms4smile.com/quotes/richard-dennis/a-good-trend-following-system-will-keep-you-in-the-market-until-there/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline.](https://sms4smile.com/quotes/richard-dennis/i-always-say-you-could-publish-rules-in-a-newspaper-and-no-one-would/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [When you are getting beat to death, get your head out of the mixer.](https://sms4smile.com/quotes/richard-dennis/when-you-are-getting-beat-to-death-get-your-head-out-of-the-mixer/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [When things aren't going right, don't push, don't press.](https://sms4smile.com/quotes/richard-dennis/when-things-aren-t-going-right-don-t-push-don-t-press/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [Trading has taught me not to take the conventional wisdom for granted. 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The only choice should be to get out quicker.](https://sms4smile.com/quotes/richard-dennis/you-should-always-have-a-worst-case-point-the-only-choice-should-be/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [The market being in a trend is the main thing that eventually gets us in a trade. That is a pretty simple idea. Being…](https://sms4smile.com/quotes/richard-dennis/the-market-being-in-a-trend-is-the-main-thing-that-eventually-gets-us/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [When you have a position, you put it on for a reason, and you've got to keep it until the reason no longer exists.](https://sms4smile.com/quotes/richard-dennis/when-you-have-a-position-you-put-it-on-for-a-reason-and-you-ve-got-to/) [Richard Dennis](https://sms4smile.com/quotes/author/richard-dennis/) > [I always say that you could publish trading rules in the newspaper and no one would follow them. 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