How To Hit Home Runs As A Daytrader:
“A good trader can make money being right only 30 to 40 percent of the time. Think of your trading track record as a baseball batting average. If you had a lifetime batting average of over .300, you would be headed to the Baseball Hall of Fame. Concentrate on hitting singles (1/4-point winners) and doubles (1/2-point winners) and the home runs will come naturally.” Â
–David S. Nassar, from How To Get Started In Electronic Daytrading, (1999, McGraw-Hill, New York).