Thought of the Day…

“Success doesn’t come to the sleeper.”

– German Proverb

Thought of the Day…

“If you miss an opportunity, do not cloud your eyes with tears; keep your vision clear so that you will not miss the next one.”

– bkwsu.org

Thought of the Day…

“The secret of happiness is to be free of fear. Fear is like a toxin that runs through much of our thinking. It feeds on insecurity, feeling of loss, loneliness, inadequacy and attachment.”

– bkwsu.org

Thought of the Day…

“Without numbers, there are no odds and no probabilities; without odds and probabilities, the only way to deal with risk is to appeal to the gods and the fates. Without numbers, risk is wholly a matter of gut.”

– Peter L. Bernstein

Thought of the Day…

“Crystallize your goals. Make a plan for achieving them and set yourself a deadline. Then, with supreme confidence, determination and disregard for obstacles and other people’s criticisms, carry out your plan.”

– Paul Meyer

Thought of the Day…

“Good luck is what happens when preparation meets opportunity, bad luck is what happens when lack of preparation meets a challenge.”

– Paul Krugman

Thought of the Day…

“Many traders mistakenly believe that there is some single solution to defining market behavior. Not only is there no single solution to the markets, but those solutions that do exist are continually changing.”

– Jack D. Schwager

Thought of the Day…

“In many ways the technical analyst is like a hunter tracking game, understanding that investors leave footprints, and those footprints are visible through the price patterns, volume flows, and other data presented in the charts.”

– Jeff deGraaf

Thought of the Day…

“My lesson from Soros is to start every meeting at my boutique by convincing everyone that we are a bunch of idiots who know nothing and are mistake-prone, but happen to be endowed with the rare privilege of knowing it.”

– Nassim Nicholas Taleb