Quote

Throughout my trading career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.

Larry Hite

Change background

T
T
T

Change font

TAGS & TOPICS

Larry Hite
Age: 68
Born: 1956
Born: January 1
Financier
Foreign Currency Trader
Manager
Hard
Careers
Witnessed
People
Respect
Examples
Risk
Trading
Example
Continually
Known
Ruined
Look
Throughout
Looks
Failure
Take
Career

More quotes by Larry Hite

Image
We approach markets backwards. The first thing we ask is not what can we make, but how much can we lose. We play a defensive game.
Larry Hite
Image
If you diversify, control your risk, and go with the trend, it just has to work.
Larry Hite
Image
Frankly, I don't see markets I see risks, rewards, and money.
Larry Hite
Image
It is incredible how rich you can get by not being perfect
Larry Hite
Image
Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.
Larry Hite
Image
I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet.
Larry Hite