Here’s a little something I found at BondTrader’s weblog. He has a link to a page that contains quotes from some top traders:
Success Leaves Clues
There are certain ‘business rules’ that triumphant investors and traders adhere to.
If you were able to model these business rules then maybe it’s possible for you to also achieve similar results.
You would need to understand and appreciate the beliefs, attitudes and behaviour, as well as the timing and sequencing of the strategies these individuals implement.
In order to assist you we have researched a number of modern classics, and extracted the following citations.
As you’re reading these citations it will soon become evident that exiting a trade is a very important aspect of your trading success.
You are encouraged to read through the citations many times. More importantly you are encouraged to obtain your own copy of the various books. It is essential that you become familiar with the context in which each quotation was delivered.
At the bottom of this list of citations you will find a brief overview of the various contributors. You will also find a list of books from which the various citations were referenced.
Some good stuff over there, and be sure to go up one level on that site to check out the T.I.P.S. section.
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