Richard Dennis-top ten trading quotes
The key is consistency and discipline. Almost anybody can make up a list of rules that are 80% as good as what we taught. What they can’t do is give people the confidence to stick to those rules even when things are going bad.
Richard Dennis
For a lot of traders, it doesn´t matter so much whether their first big trade is successful or not, but whether their first big profit is on the long or the short side. Those people tend to be perennial bulls or bears, and that is very bad. Both sides have to be equally OK.
Richard Dennis
When you have a destabilizing loss, get out, go home, take a nap, do something, but put a little time between that and your next decision.
Richard Dennis
We are going to grow traders just like they grow turtles in Singapore.
Richard Dennis
You have too minimize your losses and try to preserve capital for those few instances when you can make a lot in a very short period of time.
Richard Dennis
I always say that you could publish your trading rules in the newspaper and no one would follow them. The key is consistency and discipline.
Richard Dennis
I would write down observations and think about them. I thought about everything I was doing.
Richard Dennis
I could trade without knowing the name of the market.
Richard Dennis
Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.
Richard Dennis
Trading decisions should be made as unemotionally as possible.
Richard Dennis
Category: Traders
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