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William Eckhardt Quotes

If the losses don’t hurt, your financial survival is tenuous Picture Quote #1

What feels good is often the wrong thing to do Picture Quote #1

Good systems tend to violate normal human tendencies Picture Quote #1

I know of a few multimillionaires who started trading with inherited wealth. In each case, they lost it all because they didn’t feel the pain when they were losing. In those formative first few years of trading, they felt they could afford to lose. You’re much better off going into the market on a shoestring, feeling that you can’t afford to lose. I’d rather bet on somebody starting out with a few thousand dollars than on somebody who came in with millions Picture Quote #1

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If the losses don’t hurt, your financial survival is tenuous (William Eckhardt Quotes) What feels good is often the wrong thing to do (William Eckhardt Quotes) Good systems tend to violate normal human tendencies (William Eckhardt Quotes) I know of a few multimillionaires who started trading with inherited wealth. In each case, they lost it all because they didn’t feel the pain when they were losing. In those formative first few years of trading, they felt they could afford to lose. You’re much better off going into the market on a shoestring, feeling that you can’t afford to lose. I’d rather bet on somebody starting out with a few thousand dollars than on somebody who came in with millions (William Eckhardt Quotes)