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Quotes About Risk

A brave captain of Spahis cannot risk this, even to gratify a pretty woman, which is, in my opinion, one of the most sacred obligations in the world.
~ Alexander Dumas
Yes; and remember that two-legged crocodiles are more dangerous that the others.
~ Alexander Dumas
When talking about speculations, a man dreams, and money decides.
~ Alexander Dumas
When a beginner wins he feels brilliant and invincible Then he takes wild risk and loses everything.
~ Alexander Elder
Markets are actually set up so that most traders must lose money
~ Alexander Elder
An astute trader aims to enter the market during quiet times and take profits during wild times.
~ Alexander Elder
So far, the only people who've made money from trading systems are their sellers.
~ Alexander Elder
The answer is to draw a line between a businessman's risk and a loss. As traders, we always take businessman's risks, but we may never take a loss greater than this predetermined risk.
~ Alexander Elder
To help ensure success, practice defensive money management. A good trader watches his capital as carefully as a professional scuba diver watches his air supply.
~ Alexander Elder
People trade for many reasons—some rational and many irrational. Trading offers an opportunity to make a lot of money in a hurry. Money symbolizes freedom to many people, even though they often don't know what to do with it.
~ Alexander Elder
It is hard enough to know what the market is going to do; if you don't know what you are going to do, the game is lost.
~ Alexander Elder
To win in the markets, we need to master three essential components of trading: sound psychology, a logical trading system, and an effective risk management plan.
~ Alexander Elder
A loser's true problem is not account size but overtrading and sloppy money management. He takes risks that are too big for his account size, however small or big. No matter how good his system may be, a streak of bad trades is sure to put him out of business.
~ Alexander Elder
An intelligent businessman takes only risks that will not put him out of business, even if he makes several mistakes in a row.
~ Alexander Elder
Before we analyze charts and look for stocks to buy or sell, let's explore several basic questions: what markets to trade, how to manage risk and why keep a trading journal.
~ Alexander Elder
Professionals expect prices to fluctuate most of the time, without going anywhere far. They wait until an upside breakout stops reaching new highs or a downside breakout stops making new lows. Then they pounce—fade the breakout (trade against it) and place a protective stop near the latest extreme point. It's a tight stop, and their monetary risk is low, with a big profit potential from prices returning towards the middle of the congestion zone.
~ Alexander Elder
those who crept about at night risked stepping on a snake if they were not careful, as snakes move out of our way only if they feel vibrations in the ground. A light person—a person of non-traditional build, for example—was at far greater risk of being bitten by a snake for that very reason. That was another argument, of course, for maintaining traditional build—consideration for snakes, and safety too.
~ Alexander McCall Smith
He took a deep breath. 'To marry me,' he said quietly. It was easier than he thought. Icarus did not fall from the sky; the ground did not open; the earth did not wobble on its trajectory.
~ Alexander McCall Smith
And he thought for a moment how stupid our society had become, that its nanny-like concern for risk should prevent one man helping another to take a dead friend up the steps
~ Alexander McCall Smith
And it was young men in red cars who were the most dangerous of all. Such people were best given a wide berth, both in and out of the car.
~ Alexander McCall Smith
There are old mycologists and there are bold mycologists, but there are no old, bold mycologists.
~ Alexander McCall Smith
Caution was always required when you looked under a bed—anybody's bed, even your own.
~ Alexander McCall Smith
He evidently did not care that they were in full view of a cluster of dog-owners walking their dogs. He stopped and took her in his arms, kissing her passionately and urgently.
~ Alexander McCall Smith
Mushroom people are fond of saying, 'There are old mycologists and there are bold mycologists, but there are no old, bold mycologists.' 
~ Alexander McCall Smith