Список проголосовавших за комментарий "A reporter once asked me what were my most important attributes as a speculator. I replied, 'Nerve...it takes nerve to speculate in futures...and being stubborn, refusing to be satisfied with small profits. But it does not matter if they are paper profits when you lose them..when you lose you sweat blood. Confidence in yourself is something you must have if you are going to be a successful speculator.<br/> <br/> To be able to stick in a risky position without shattering your nerves, you must have a continuing confidence in <span style="text-decoration:underline;">the judgment</span> that caused you to take that position in the first place.' I knew that I would never get rich by scalping the markets for small swings, so <span style="text-decoration:underline;">I was constantly striving to sense the broad swings of the markets and to <strong>understand the reasons for them</strong></span>.<br/> <br/> The way to make money is to be slow in taking profits. Let your profits pile up as high as they would go. This is the way to reduce the odds against you — by consistently holding on when a market is running favorably for you.<br/> <br/> My main strength was in my ability to take a position and stick with it.<br/> <br/> I was never an in-and-out trader. (A friend said, 'He got in at the beginning of a long bull market, and he stuck, and stuck, and stuck.') I have overstayed markets at times, but this is not, for me, really a failing. <span style="text-decoration:underline;">Because most of my success has been due to my hanging on while my profits mounted. There is the big secret</span>. Do with it what you will."<br/> <br/> Arthur W. Cutten, the commodities trader from the 1920's."