American currency trader who ran Salomon Brothers' foreign exchange desk in the 1980s and was profiled in The New Market Wizards.
"If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money."
"I do not think you can consistently be a winning trader if you are banking on being right more than 50 percent of the time."
If most traders would learn to sit on their hands 50 percent…
— Bill Lipschutz
"If most traders would learn to sit on their hands 50 percent of the time, they w..."
I do not think you can consistently be a winning trader if y…
"I do not think you can consistently be a winning trader if you are banking on be..."
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