New York may be the city that never sleeps, but Shanghai doesn't even sit down, and not just … - Patricia Marx - Quotesmemo.com

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The most important rule is to play great defense, not great offense. Everyday I assume every position I have is wrong. I know where my stop risk points are going to be. I do that so I can define my maximum drawdown. Hopefully, I spend the rest of the day enjoying positions that are going in my direction. If they are going against me, then I have a game plan for getting out.

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Patricia Marx

New York may be the city that never sleeps, but Shanghai doesn't even sit down, and not just because there is no room.

New York, Sleep, Cities, Sit, York, Down

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Paul Tudor Jones

The most important rule is to play great defense, not great offense. Everyday I assume every position I have is wrong. I know where my stop risk points are going to be. I do that so I can define my maximum drawdown. Hopefully, I spend the rest of the day enjoying positions that are going in my direction. If they are going against me, then I have a game plan for getting out.

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