LorryFill_HelloWin "Don't focus on making money, focus on protecting what you have." - Paul Tudor Jones "The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett "The first rule of investment is: don't lose money. The second rule of investment is: don't forget Rule #1." - Warren Buffett "Even with a great investment strategy, if you don't know how to manage your capital, you will fail." - Michael Marcus "Risk management is not the solution to all problems, but it is essential to becoming a successful trader." - Victor Sperandeo "Without risk management, even the best trader will be eliminated from the market." - Linda Bradford Raschke "Without risk management, you will perish in the profession." - Mark Minervini "Never let your account draw down so much that you can't come back to your original position." - Jesse Livermore "I'd rather miss a chance to make money than let my capital erode." - Paul Tudor Jones "Risk control is the most important concept that a trader can learn." - Paul Tudor Jones "If you don't manage risk, even if you have the best trading strategy in the world, you will fail." - Larry Hite "Losses are a natural part of trading. Accept them, manage them, and learn from them." - Bruce Kovner "If you don't have a capital management plan, you're planning to fail." - Daniel Negreanu "Never put too much money into a single trade." - George Soros "You can't make money if you don't have capital to invest, and you can't keep your capital if you don't know how to manage risk." - William O'Neil
