Friday, March 24, 2006

Success Tips from Successful Traders and Investors

Warren Buffet
One investor's two golden rule of investing:
1. Never lose money
2. Never, forget Rule No. 1

Jim Rogers
My basic advice is don't lose money

Marty Schwartz
I am more concerned about controlling the downside. Learn to take the losses. The most important thing in making money is not letting your losses get out of hand.

Paul Tudor Jones
I am alway thinking about losing money as opposed to making money. Do not focus on making money. Focus om protecting what you have.