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Quote by Walter Wangerin

“Fantasy deals with the immeasurable while science-fiction deals with the measurable.”

Author

Walter Wangerin is an American author born on February 13, 1944. His works span across religion, literature, and philosophy, known for their profound insights and unique narrative style. more

“Souls (or minds) are thought of as purely non-physical, they can't be weighed, split in half, heated or cooled, they lack mass, electric charge and so on...but how could they possibly have a cause and effect relationship with bodies that are said to have these, and only these physical properties?”

Mind Said Soul Body Causes Half Effects Mass Property Splits Electric Cause And Effect

Author:Austin Dacey

“In those years, it was easier to win the Soviet Championship than a game against 'Iron Tigran'.”

Years Games Winning Easier Iron Soviet Championship

Author:Lev Polugaevsky

“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliché, but the single most important reason that people lose money in the financial markets is that they don't cut their losses short.”

People Ifs Knows Important Reason Would Be Sound Loses Loss Cutting Emotional Keys Discipline Financial Making Money Trading Financial Markets

Author:Victor Sperandeo

“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.”

Knows Feels Years Firsts Feelings Pain Lost Felt Loses Wealth Millions Cases Thousand Losing Dollars Starting Trading Better Off Starting Out Inherited Wealth

Author:William Eckhardt

“The people who survive avoid snowball scenarios in which bad trades cause them to become emotionally destabilized and make more bad trades. They are also able to feel the pain of losing. If you don't feel the pain of a loss, then you're in the same position as those unfortunate people who have no pain sensors. If they leave their hand on a hot stove, it will burn off. There is no way to survive in the world without pain. Similarly, in the markets, if the losses don't hurt, your financial survival is tenuous.”

People Ifs World Way Feels Hands Able Pain Causes Hurt Loss Position Survival Losing Hot Trade Financial Unfortunate Scenarios No Pain Stoves Without Pain Snowball Sensors

Author:William Eckhardt

“If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency for equity to flow from the many to the few. In the long run, the majority loses. The implication for the trader is that to win you have to act like the minority. If you bring normal human habits and tendencies to trading, you'll gravitate toward the majority and inevitably lose.”

“It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.”

Should Humans Easier Normal Tendencies Trading

Author:William Eckhardt

Quote by Walter Wangerin

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