“The first rule is not to lose. The second rule is not to forget the first rule.”
“If past history was all there was to the game, the richest people would be librarians.”
“Risk comes from not knowing what you’re doing.”
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
“Buy on fear, sell on greed.”
“Amateurs want to be right. Professionals want to make money.”
“If you want to have a better performance than the crowd, you must do things differently from the crowd.”
“The four most dangerous words in investing are ‘This time it’s different’.”
“If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.”
“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”
“In the business world, the rearview mirror is always clearer than the windshield.”
“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”
“In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”
“Time is your friend; impulse is your enemy.”
“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.”
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.