RBH comments on Just Lose Hope Already - All

47 Post author: Eliezer_Yudkowsky 25 February 2007 12:39AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Sort By: Old

You are viewing a single comment's thread.

Comment author: RBH 25 February 2007 06:42:06AM 6 points [-]

The best trading advice I ever read was from Martin Mayer:

The central difference between the market professional and the sheep in to be sheared is the professional's ability to take his losses.

That's been on my whiteboard since I started trading derivatives professionally 15 years ago.

Comments (76)