If in doubt...stay out.

[tommcginnis]

If it don't fit, you must acquit.

Of course, there's Mom's favorite...

"If you wish in one hand, and pee in the other,......."

Good ol' Mom.....

 

[volente_00]

The best trades are the hardest ones to take

 

[tommcginnis]

"...Life is very short, and there's no time for fussing and fighting, my friend..."

 

[Overnight]

If it don't fit, you must acquit.

What'd you do? Murder the market?

 

[Gasparov]

When are we ever certain?

I think that one of things that separates good traders from bad is the ability to accept the uncertainty that is inherent in trading/investing. Always have a plan B.

If you're not certain you shouldn't take it (unless you are gambling).
The biggest thing that separates good from bad is discipline.

 

[vanzandt]

"The sea was angry that day my friends..."

 

[maxinger]

If in doubt...stay out.
or
If in doubt, pull trigger immediately.

It depends on individual.
for me, if in doubt, pull trigger without hestitation.

 

[They]

"Whenever there is any doubt, there is no doubt."
If you doubt your system/method develop a new one.

 

[zenostiffler]

It would be very interesting to know whether anyone has conducted an updated survey of trading accounts. It has always been said that 95% + of accounts lose money. What about the 5% who were profitable at that last survey date? Are they still around? Are they still profitable?

 

[They]

It would be very interesting to know whether anyone has conducted an updated survey of trading accounts. It has always been said that 95% + of accounts lose money. What about the 5% who were profitable at that last survey date? Are they still around? Are they still profitable?

Here is IB's retail forex account performance for Q3. Doesn't mean anything because the % profitable this quarter can be the % unprofitable next quarter.

https://www.interactivebrokers.com/en/index.php?f=3731