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Quote by Bill Lipschutz

“It's very difficult to be different from the rest of the crowd the majority of the time, which by definition is what you're doing if you're a successful trader.”

Author

Bill Lipschutz

Bill Lipschutz, born in 1956, is a renowned trader. He has achieved significant success in his career in the financial markets, known for his unique trading strategies and profound understanding of market trends. more

“When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the confidence factor, which is a by-product of a losing streak. You have to work very hard to restore that confidence, and cutting back trading size helps achieve that goal.”

Hard Helping Goal Ability Cutting Achieve Information Products Losing Size Factors Trading Streaks

Author:Bill Lipschutz

“Why has government been instituted at all? Because the passions of man will not conform to the dictates of reason and justice without constraint.”

Men Reason Government Passion Justice Conformity Conform Constraints Total War Federalist Federalist Papers Purpose Of Government

Author:Alexander Hamilton

“I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.”

Ifs Thinking Winning Figures Percent Making Money Consistently Banking Traders

Author:Bill Lipschutz

“Pchem is the root of all evil.”

Evil Roots

Author:Daniel Lee