Quote of the Day

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Thanks to a thoughtful client who sent me a new copy, I've been re-reading the New Market Wizards, which is great fun.

I saw a quote in there that I absolutely love; I strongly suggest you take it to heart:

If it will give you comfort, don't do it.

I am paraphrasing a little, but that's the crux of it. I think this is a marvelous thing for traders to remember.