Quotations by Boris Schlossberg

There are two easy ways to never let a winner turn into a loser. The first method is to trail your stop. The second is a derivative of the first, which is to trade more than one lot. [2006] - Boris Schlossberg

Longer-term traders may want to use a wider first target such as 50 or 100 pips , while shorter-term traders may prefer to use the 15-pip target. [2006] - Boris Schlossberg

Profiting from up to 80% of the move is good enough. [2006] - Boris Schlossberg

The highest probability trade will be to pair a strong currency with a weak currency. [2006] - Boris Schlossberg

EUR/GBP is traditionally a very range-bound currency pair. [2006] - Boris Schlossberg

The key is to make your overall trading approach meaningful but to make any individual trade meaningless. [2006] - Boris Schlossberg

It was perfectly acceptable to sustain a drawdown of 10% if it was the result of five consecutive losing trades that were stopped out at 2% loss each. However, it was inexcusable to lose 10% on one trade. [2006] - Boris Schlossberg

Oftentimes, at the beginning of a week, a new trend will emerge. If the trend is strong enough, it can last for several days with virtually no retracement. [2006] - Boris Schlossberg

ECB (and the BoE) has a 2% inflation threshold. If inflation is above 2%, they lean towards hawkishness, if it is below 2%, they lean towards neutral or dovishness. [2006] - Boris Schlossberg