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In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be.The thing to do is to watch the market, read the tape to determine the limits of the get nowhere prices, and make up your mind that you will not take an interest until the prices breaks through the limit in either direction.

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Emotional control is the most essential factor in playing the market. Never lose control of your emotions when the market moves against you. Don’t get too confident over your wins or too despondent over your losses.

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He will risk half his fortune in the stock market with less reflection that he devotes to the selection of a medium-priced automobile.

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Play the market only when all factors are in your favor.

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The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

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A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

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One can best prepare themselves for the economic future by investing in your own education. If you study hard and learn at a young age, you will be in the best circumstances to secure your future.

株FXの名言

Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.

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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.

株FXの名言

The years ahead will occasionally deliver major market declines — even panics — that will affect virtually all stocks. No one can tell you when these traumas will occur.

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