About change

“I turned from a loser to a winner when I was able to separate my ego needs from making money. When I was able to accept being wrong. Before that, admitting I was wrong was more upsetting than losing the money.”

Marty Schwartz

 

“When we are no longer able to change a situation, we are challenged to change ourselves”

Viktor Frankl

Simple is good

“I’ve made phenomenal amounts of money for very simple decisions but I was willing to make them. Somebody had to. Others are looking for highly complex ways of interacting with the markets, when most of the time it’s only the simple ones that are going to work. ”

Ed Seykota

Accepting risk

“To whatever degree you haven’t accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully.”

 Mark Douglas