I can think of many traders who said they found a higher level of success by extending their holding periods, as Sharkness did. I cannot think of any who said the opposite. - George Coyle @gfc4 159/n lnk.to/marketwizardsn…
jack schwager
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Author of Market Wizard series, A Complete Guide to the Futures Markets, and Market Sense & Nonsense
93 Following 102K Followers 2.7K Posts
Latest posts 5
Many people use systems and methods that work but still lose money because they don't work for them. The methodology you use not only has to have an edge, but it also has to fit your personality and beliefs. - Kristjan Kullamagi @Qullamaggie 158/n lnk.to/marketwizardsn…
continued innovation is essential to long-term (i.e., career-length) trading success. - Jack Schwager @jackschwager 157/n lnk.to/marketwizardsn…
Would-be career traders should think carefully about the hard work and sacrifice required for success before giving up their day job for the supposed glamour of trading for a living. - George Coyle @gfc4 156/n lnk.to/marketwizardsn…
You can't just take a setup that someone else trades. Because if you start trading a setup you haven't fully researched, you won't have conviction in it, and as soon as a trade starts moving against you, you will panic. - Kristjan Kullamagi @Qullamaggie 155/n lnk.to/marketwizardsn…