Home / Quotes / Quote by Larry Hite

Quote by Larry Hite

“Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.”

Quote by Larry Hite

Author

Larry Hite, born in 1956, is an accomplished manager with over three decades of experience. He is known for his expertise in team building and strategic planning, and is renowned for his exceptional leadership skills and attention to detail. more

You May Also Like

“When a market makes a historic high, it is telling you something. No matter how many people tell you why the market shouldn't be that high, or why nothing has changed, the mere fact that the price is at a new high tells you something has changed.”

People Matter Facts Changed Mere Historic Things Have Changed

Author:Larry Hite

“...first check whether the market as a whole is rising or falling. In other words, are you in a bull market or bear market? If the latter, stay out. The odds are against you.”

Ifs Firsts Whole Fall Bears Checks Rising Latter Odds Bulls Bull Markets

Author:Nicolas Darvas

“Trends come like a series of ocean waves, bringing the high tide when things are good and, as conditions recede, the low tide appears. These trends come unexpectedly, unpredictably, and they have to be weathered with temperance, poise, and patience- good or bad.”

Conditions Ocean Lows Series Wave Trends Tides Temperance Poise Weathered Ocean Wave

Author:Jesse Lauriston Livermore

“In the real estate business you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.”

People Knows Real Government Community Issues Impact Profession Estates Real Property Realtors

Author:Johnny Isakson

“For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a price was made two or three years ago. If something favorable happens in connection with the company, and the stock starts upward, usually it is safe play to buy the minute it touches a brand new high.”

Source: How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price

“We diversify in two ways. First, we probably trade more markets worldwide than any other money manager. Second, we don't just use a single best system. To provide balance, we use lots of different systems ranging from short to long term. Some of these systems may not be that good by themselves, but we really don't care; that is not what they are there for.”

Way Firsts May Long Two Different Use Care Term Balance Trade Don't Care Managers Long Term Two Ways

Author:Larry Hite

“So the first thing I learned about how to get superior performance is not to buy stocks that are near their lows, but to buy stocks that are coming out of broad bases and beginning to make new highs.”

Firsts Lows Performances Bases Superiors Broads Coming Out Superior Performance

Author:William O'Neil

“Good traders trade. Good letter writers write letters.”

Writing Letters Trade Traders

Author:Ed Seykota

“You can be very promiscuous in your research, but not in your trading.”

Research Trading Promiscuous

Author:William Eckhardt

“The majority of short term trading results are just random. In the long term the money ends up with those that can trade and manage risk.”

Long Ends Term Results Risk Trade Majority Manage Long Term Trading Short Term

Author:Steve Burns