Here are the 3 rules of craps:
1. Lose your ego.
2. Manage your money.
3. After you win, leave.
3. After you win, leave.
Because trading can be like playing craps.
And come to think of it – these could be the rules of business too.
“Playing craps at Vegas has taught me three rules that I find indispensable in trading: DIVORCE YOUR EGO FROM THE GAME. MANAGE YOUR MONEY. CHANGE TABLES AFTER A WINNING STREAK.”
–Martin Schwartz, Pit Bull
