"You don't have to get in or out of a position all at once. Avoid the temptation of wanting to be completely right."

--

Source : Jack D. Schwager (1992). “The New Market Wizards: Conversations with America's Top Traders”, p.67, John Wiley & Sons

Jack D. Schwager

#Temptation Quotes #Position Quotes

“When youâ€™re young you prefer the vulgar months, the fullness of the seasons. As you grow older you learn to like the in-between times, the months that canâ€™t make up their minds. Perhaps itâ€™s a way of admitting that things canâ€™t ever bear the same certainty again.”
“When you go out on a limb, that's when you really know you're living”
“Don't let a mad world tell you that success is anything other than a successful present moment.”
“I'm jumping in right now. And I'm going to say that everybody I know has a 'day I met CM Punk story' and they're all 100% fabrication. It's all bullshit. Thank you.”
“I just have beautiful memories of what has happened in my life.”
“I've never used one word of profanity in front of my wife, or my daughter, or my granddaughter or anybody else's wife.”
“It takes a lot of effort to win back credibility after having lost it so heavily.”
“Girls are not machines that you put kindness coins into until sex falls out.”

You may also like:

Alexander Elder
Author
Bill Lipschutz
Trader
Bruce Kovner
Businessman
Ed Seykota
Trader
Edwin Lefevre
Journalist
Jesse Lauriston Livermore
Stock trader
Linda Bradford Raschke
Trader
Michael Covel
Author
Paul Tudor Jones
Trader