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  • You must ignore what everyone else is doing and trade only when you feel the odds are in your favor. In short, trade only when you and you alone are comfortable that the expected return of your trades will be positive. That might mean you'll have to sit out a few parties, but it will also mean that you'll have more profits over the course of your trading career.

    Gary B Smith / Ciena Ceo
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You must ignore what everyone else is doing and trade only when you feel the odds are in your favor. In short, trade only when you and you alone are comfortable that the expected return of your trades will be positive. That might mean you'll have to sit out a few parties, but it will also mean that you'll have more profits over the course of your trading career.

⇛ Gary B Smith (Ciena Ceo)
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Let me make it very clear: when I say compromise I do not mean capitulation. When I say compromise I definitely do not mean what Jesus Christ meant when he offered us to turn our other cheek to our enemies. Compromise means, try to meet the other somewhere half-way. And, this can only happen if the other is willing to go half-way in order to meet you. That is the very strict line between compromise and capitulation. I'm a great believer in compromises. I do not believe in capitulation.
Amos Oz Writer
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