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Quote by David Cooperrider

“We need to discover the root causes of success rather than the root causes of failure.”

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David Cooperrider is a renowned professor, born on July 14, 1954. He has made significant contributions to the fields of organizational learning and leadership. more

“I basically learned that you must get out of your losses immediately. It's not merely a matter of how much you can afford to risk on a given trade, but you also have to consider how many potential future winners you might miss because of the effect of the larger loss on your mental attitude and trading size.”

Matter Might Given Loss Attitude Risk Effects Missing Trade Size Winner Trading Mental Attitude Your Loss

Author:Randy McKay

“I take the point of view that missing an important trade is a much more serious error than making a bad trade.”

Important Views Missing Serious Trade Errors Point Of View

Author:William Eckhardt

“Large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst investments after long periods of winning.”

Thinking Long Made Important Winning Term Loss Worst Emotional Periods Investment Profit Insidious

Author:William Eckhardt

“Investing is a negative game emotionally. If you're playing for the emotional satisfaction, you're bound to lose, because what feels good is often the wrong thing to do. When all the criteria are in balance, do the thing you least want to do.”

Ifs Want Feels Games Loses Emotional Balance Negative Bounds Investing Satisfaction Feel Good Things To Do Criteria Wrong Things

Author:William Eckhardt

“Make sure you have an edge. Know what your edge is. And have rigid risk control rules.”

Knows Risk Edges

Author:Monroe Trout

Quote by David Cooperrider

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