If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
– George Soros (Financier, philanthropist, political activist, author and philosopher, b. 1930)
The market is played by two types of men, and good trades are won before the first bet. Some game for pleasure, betting like fools, others make money by knowing the rules. To survive is to thrive, adaptation is key, rule number 1 is don’t lose your money. Rule number 2 is rule number 1, but number 3 is contradiction. Take losses quickly and hold on to your gains, don’t let losers ruin your day.