“ You can ’ t win without an edge , even with the world ’ s greatest discipline and money management skills . If you don ’ t have an edge , all that money management and discipline will do for you is to guarantee that you will gradually bleed to death . Incidentally , if you don ’ t know what your edge is , you don ’ t have one .”
- Jack Schwager
“ I believe that one of the most important qualifications for a successful trader is ‘ POISE ’ which to me is defined as stability , a well-balanced person with dignity of manner — as it relates to the stock market . A poised person is a person who can handle their hopes and their fears in a calm manner .”
- Jesse Livermore
" Lack of talent is an excuse . Consistency has no excuses . Consistency reveals the truth . It destroys the lies we tell ourselves to avoid doing things we fear ."
“ You can ’ t win without an edge , even with the world ’ s greatest discipline and money management skills . If you don ’ t have an edge , all that money management and discipline will do for you is to guarantee that you will gradually bleed to death . Incidentally , if you don ’ t know what your edge is , you don ’ t have one .”
- Jack Schwager
“ I believe that one of the most important qualifications for a successful trader is ‘ POISE ’ which to me is defined as stability , a well-balanced person with dignity of manner — as it relates to the stock market . A poised person is a person who can handle their hopes and their fears in a calm manner .”
- Jesse Livermore
" Lack of talent is an excuse . Consistency has no excuses . Consistency reveals the truth . It destroys the lies we tell ourselves to avoid doing things we fear ."