“Discipline allows you to trade effectively. You can take your ego out of it. You can go wrong 60, 70% of the time and still make a lot of money. If you ignore the discipline of managing risk, you have to be right 80% of the time or more, and I don't know anyone who's that good.”
Quote by Larry Rosenberg
Author
You May Also Like
“There is time to go long, time to go short and time to go fishing.”
Source: Come Into My Trading Room: A Complete Guide to Trading
“Nobody beats the market, they say. Except for those of those of us who do.”
Source: Contrarian Investment Strategies: the Next Generation
Source: Open Society: Reforming Global Capitalism
