POV you positioned yourself over the past few weeks for a potential rally and have nothing left to do:

While I see many on here sit in old leaders and struggel, I sit quietly in new ones and chill. Follow the leaders.

"Stick to your own beliefs." Steve Watson

"I found that during those periods in which my turnover was the highest, I never made any real progress." Stuart Walton

"What you can't afford to do is throw away your capital on suboptimal trades. If you do, you will be too debilitated to trade when the right position comes along." Richard Dennis

"I want to make sure I'll be around to play tomorrow." Monroe Trout

"Just like in poker, where you have to know which hands to bet on, in trading you have to know when the odds are in your favor." Victor Sperandeo

"The most important rule of trading is to play great defense, not offense. Every day I assume every position I have is wrong." Paul Tudor Jones

Market Wizard quote of the day from Bill Lipschutz: "You have to trade at a size such that if you're not exactly right in timing, you won't be blown out of your position."

Market Wizard quote of the day from Michael Marcus: "The secret is cutting down the number of trades you make. The best trades are the ones in which you have all 3 things going for you: fundamentals, technicals and market tone. If you can restrict your activity to only those types of trades, you have to make money in any market."

Market Wizard quote of the day from Stuart Walton: "I understood that stocks don’t go up and stay up because of stories, tips, or people’s opinions; they go up for specific reasons. I was determined to find those reasons, shut out the world, and then act on my own knowledge."

Market Wizard quote of the day from Larry Benedict: "I let the market dictate to me how I should be trading, not my macro views what I think the market will do."

Market Wizard quote of the day from Scott Ramsey: "Hope is the worst four-letter word for a trader."

Market Wizard quote of the day from Larry Hite: "People don't change. That is why this whole game works."

Market Wizard quote of the day from Steve Watson: "I'm much more concerned about avoiding a large loss then missing a profit opportunity."

Market Wizard quote of the day from Gary Bielfeldt: "Whenever too many people are doing the same thing, the market will go through a period of adjustment."

I think I will take out a quote of the day from this. To remind myself and the willing reader of what is important in Trading. Lets start with one from @basso_tom : "It's far better to keep the equity swings manageable and strive for a sense of balance each day, no matter what happens."

Just found my old notebook. Talk about dedication. I took quotes from all the interviews in the market wizard books. In total over 30 pages all hand written. Time to read them again. 👍

Current market is not for the weak of mind.