Trading Quotes #49 – Bruce Kovner

Bruce Kovner

“My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should be taking 1 to 2 percent risks. The emotional burden of trading is substantial; on any given day, I could lose millions of dollars. If you personalize these losses, you can’t trade.”

– Bruce Kovner

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1 Comment

  • David A.

    Reply Reply November 18, 2013

    Great site, I was looking for trading quotes to start my blogging when google give your post to me.

    I would love to follow your format. It is great that you have something I could follow suit.

    Regards
    David A.

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