“A crucial ingredient is a maverick mind. It’s also important to have a blend between an artistic side and a scientific side. You need the artistic side to imagine, discover, and create trading strategies. You need the scientific side to translate those ideas into firm trading rules and to execute those rules.”

— Gil Blake

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“… a passion for trading, self-reliance in developing trading ideas and making trading decisions, the willingness to take risk, the ability to correct mistakes immediately (because they are inevitable), and patience, patience, patience.”

— Linda Bradford Raschke

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“1. Trade infrequently and only when you have a strong idea.

2. Trade the opposite side of the predominant news stories.

3. Time your trade to coincide with an event that has the potential to lead to a panic climax.”

— Blair Hull

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“Persistence, patience, and a willingness to take risks.”

— Robert Krausz 

   

From The New Market Wizards: Conversations with America’s Top Traders by Jack D. Schwager