Thursday, April 8, 2010

You can never go broke by taking a profit -- Meyer Rothschild




1 comment:

  1. This is one of the most overused, misunderstood quotes about trading of all-time. YOU CAN GO BROKE TAKING A PROFIT. If your losses exceed your profits because you take your profits too early, and your losses are either larger or more numerous then your profits, you will lose.

    You must have a strategy that gives you an edge... if you don't know what the edge is then you probably don't have one.

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