Wednesday, June 29, 2011

secret of making big money in trading - II

"It never was my thinking

that made the big money for me.

It always was my sitting.

Got that?

My sitting tight!

It is no trick at all to be right on the market.

You always find lots of early bulls in bull markets

and early bears in bear markets.

I've known many men who were right

at exactly the right time,

and began buying or selling stocks when prices were at the very level

which should show the greatest profit.

......but they made no real money out of it.

Men who can both be right and sit tight are uncommon."



excerpts from

'Reminiscences of a Stock Operator'

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