Thought of the Day…

“Be master of mind rather than mastered by mind”

– Zen proverb

Thought of the Day…

“Success depends upon previous preparation and without such preparation there is sure to be failure.”

– Confucius

Thought of the Day…

“A loss never bothers me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does damage to the pocketbook and to the soul.”

– Jesse Livermore

Thought of the Day…

“If somebody had told me my method would not work I nevertheless would have tried it out to make sure for myself, for when I am wrong only one thing convinces me of it, and that is, to lose money.  And I am only right when I make money.  That is speculating.”

– Jesse Livermore

Thought of the Day…

“The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements.”
– Jesse Livermore

Thought of the Day…

“Poker reveals to the frank observer something else of import—it will teach him about his own nature. Many bad players do not improve because the cannot bear self-knowledge.”

– David Mamet

Thought of the Day…

“A gem cannot be polished without friction, nor a man perfected without trials. ”

– Chinese Proverbs

Thought of the Day…

“Neither I nor anyone else can guarantee you will win. If someone tells you they can, do not believe them. Run making sure you have a death grip on your wallet.”

– Ken Pearlman

Thought of the Day…

“The smarter you play, the luckier you’ll be.”

– Mark Pilarski