Eckhardt Quotes

#1. God, how that stings! I've spent a lifetime loving science fiction and now I find that you must expect nothing of something that's just science fiction.

Isaac Asimov

#2. One common adage ... that is completely wrongheaded is: You can't go broke taking profits. That's precisely how many traders do go broke. While amateurs go broke by taking large losses, professionals go broke by taking small profits.

William Eckhardt

#3. The Word of God released from your mouth will be planted in your heart. Faith is released from the mouth. The mouth can only release what is in the heart. Faith in the heart that is released through the mouth can move mountains.

John Eckhardt

#4. The resolution of conflict in self is like the making one of opposites in art.

Eli Siegel

#5. Large profits are even more insidious than large losses in terms of emotional destabilization. I think it's important not to be emotionally attached to large profits. I've certainly made some of my worst investments after long periods of winning.

William Eckhardt

#6. The market likes to lull you into the false security of high success rate techniques, which often lose disastrously in the long run. The general idea is that what works most of the time is nearly the opposite of what works in the long run.

William Eckhardt

#7. The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.

William Eckhardt

#8. the Triple Win": Money, Meaning, and Mobility.

Julia Pimsleur

#9. I take the point of view that missing an important trade is a much more serious error than making a bad trade.

William Eckhardt

#10. Nothing can scatter like 3 Siamese cats better than 2 Siamese cats.

Lilian Jackson Braun

#11. Don't think about what the market's going to do; you have absolutely no control over that. Think about what you're going to do if it gets there.

William Eckhardt

#12. Amateurs go broke taking large losses, professionals go broke taking small profits.

William Eckhardt

#13. Pride always wants to be on top and in control.

John Eckhardt

#14. The primary reason Jesus came to earth was to inaugurate the Kingdom of God. Often, we hear that the reason Jesus came to the earth was to die on the Cross. Jesus did come to die on the Cross, but that death on the Cross was for the purpose of establishing the Kingdom of God.

John Eckhardt

#15. It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.

William Eckhardt

#16. We are the folk song army, every one of us cares. We all hate poverty, war, and injustice unlike the rest of you squares.

Tom Lehrer

#17. We wanted - no, we needed - to tell our stories, and more importantly, we needed our stories to be heard.

Candace Fleming

#18. We can know nothing till after this grave debate. The soul must withdraw, for this is not its hour. Now the knife must divide the flesh, and lay the ravage bare, and do its work completely.

Georges Duhamel

#19. You can be very promiscuous in your research, but not in your trading.

William Eckhardt

#20. Then a series of photos of her grandmother and her

Susan X. Meagher

#21. I haven't seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few aren't. Many outstanding intelligent people are horrible traders. Average intelligence is enough. Beyond that, emotional makeup is more important.

William Eckhardt

#22. Keep at it, Junebug - someday, you'll shake the Republic to its very core. You'll be absolutely unforgettable. I know it.

Marie Lu

#23. We have more than enough resources in the world. The only thing we don't have is brains in Washington.

Jacque Fresco

#24. The prophetic spirit is transferable and can be imparted.

John Eckhardt

#25. If the losses don't hurt, your financial survival is tenuous.

William Eckhardt

#26. And Paris, when you avoid the more conspicuous resorts, and when you are unprovided with congenial companionship can prove nearly as overwhelming as is, say, Birmingham on a Sunday.

Ford Madox Ford

#27. Investing is a negative game emotionally. If you're playing for the emotional satisfaction, you're bound to lose, because what feels good is often the wrong thing to do. When all the criteria are in balance, do the thing you least want to do.

William Eckhardt

#28. What feels good is often the wrong thing to do.

William Eckhardt