Important!!!
Trading Quots that needs Your attention
“In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” – Peter Lynch
“Hope is bogus emotion that only costs you money.” – Jim Cramer
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions.” – Jack Schwagger
“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” – Bill Lipschutz
“You need to know very well when to move away, or give up the loss, and not allow the anxiety to trick you into trying again.” – Warren Buffett
“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” – Jim Rogers
“I get real, real concerned when I see trading strategies with too many rules (you should too).” – Larry Connors
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” -Mark”Douglas
“There is a time to go long, a time to go short and a time to go fishing.” – Jesse Livermore
“The best trading strategy in the world won`t do you any good if you allow emotions to trump logic”. – Joe Vidich
It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong”. – George Soros
“ find brand new reasons to stay in. When in doubt, get out!” – Jeff Cooper, Author.
“When you genuinely accept the risks, you will be at peace with any outcome. ” – Mark Douglas
“Trade What’s Happening… Not What You Think Is Gonna Happen.” – Doug Gregory
“Investing is like poker. You should only play the good hands, and drop out of the poor hands, forfeiting the ante.” –Gary Biefeldt
“It was really later on when I decided that the reason there are so many technical indicators out there is because none of them work very well.” – Chuck Hayes
“Most traders take a good system and destroy it by trying to make it into a perfect system.” – Robert Prechter
“Why do you think unsuccessful traders are obsessed with market analysis? They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.” -Mark Douglas
“Never confuse your position with your best interest. Many traders take a position in a stock and form an emotional attachment to it. They’ll start losing money, and instead of stopping themselves out, they’ll find brand new reasons to stay in. When in doubt, get out!” – Jeff Cooper, Author.
“All you need is one pattern to make a living.” – Linda Raschke
“Never, ever argue with your trading system” – Michael Covel
“Do not anticipate and move without market confirmation – being a little late in your trade is your insurance that you are right or wrong.” – Jesse Livermore
“The elements of good trading are (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota
“Are you willing to lose money on a trade? If not, then don’t take it. You can only win if you’re not afraid to lose. And you can only do that if you truly accept the risks in front of you.” – Sami Abusaad
“Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets”. – Michael Carr
“The goal of a successful trader is to make the best trades. Money is secondary.”
– Alexander Elder
“I always laugh at people who say, ‘I’ve never met a rich technician.’ I love that! It’s such an arrogant, nonsensical response. I used fundamentals for nine years and got rich as a technician.” – Martin Schwartz
“An investment in knowledge pays the best interest.” -Benjamin Franklin
“Frankly, I don’t see markets; I see risks, rewards, and money.” – Larry Hite
“You never know what kind of setup [the] market will present to you, your objective should be to find [an] opportunity where risk-reward ratio is best.” -Jaymin Shah
“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” -Victor Sperandeo
“Risk comes from not knowing what you`re doing.”- Warren Buffet
“It’s ok to be wrong; it’s unforgivable to stay wrong.” – Martin Zweig
“Letting losses run is the most serious mistake made by most investors.” – William O’Neil
“The market is a device for transferring money from the impatient to the patient” – Warren Buffet
Trading Quots that needs Your attention
“In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” – Peter Lynch
“Hope is bogus emotion that only costs you money.” – Jim Cramer
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions.” – Jack Schwagger
“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” – Bill Lipschutz
“You need to know very well when to move away, or give up the loss, and not allow the anxiety to trick you into trying again.” – Warren Buffett
“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” – Jim Rogers
“I get real, real concerned when I see trading strategies with too many rules (you should too).” – Larry Connors
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” -Mark”Douglas
“There is a time to go long, a time to go short and a time to go fishing.” – Jesse Livermore
“The best trading strategy in the world won`t do you any good if you allow emotions to trump logic”. – Joe Vidich
It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong”. – George Soros
“ find brand new reasons to stay in. When in doubt, get out!” – Jeff Cooper, Author.
“When you genuinely accept the risks, you will be at peace with any outcome. ” – Mark Douglas
“Trade What’s Happening… Not What You Think Is Gonna Happen.” – Doug Gregory
“Investing is like poker. You should only play the good hands, and drop out of the poor hands, forfeiting the ante.” –Gary Biefeldt
“It was really later on when I decided that the reason there are so many technical indicators out there is because none of them work very well.” – Chuck Hayes
“Most traders take a good system and destroy it by trying to make it into a perfect system.” – Robert Prechter
“Why do you think unsuccessful traders are obsessed with market analysis? They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.” -Mark Douglas
“Never confuse your position with your best interest. Many traders take a position in a stock and form an emotional attachment to it. They’ll start losing money, and instead of stopping themselves out, they’ll find brand new reasons to stay in. When in doubt, get out!” – Jeff Cooper, Author.
“All you need is one pattern to make a living.” – Linda Raschke
“Never, ever argue with your trading system” – Michael Covel
“Do not anticipate and move without market confirmation – being a little late in your trade is your insurance that you are right or wrong.” – Jesse Livermore
“The elements of good trading are (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota
“Are you willing to lose money on a trade? If not, then don’t take it. You can only win if you’re not afraid to lose. And you can only do that if you truly accept the risks in front of you.” – Sami Abusaad
“Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets”. – Michael Carr
“The goal of a successful trader is to make the best trades. Money is secondary.”
– Alexander Elder
“I always laugh at people who say, ‘I’ve never met a rich technician.’ I love that! It’s such an arrogant, nonsensical response. I used fundamentals for nine years and got rich as a technician.” – Martin Schwartz
“An investment in knowledge pays the best interest.” -Benjamin Franklin
“Frankly, I don’t see markets; I see risks, rewards, and money.” – Larry Hite
“You never know what kind of setup [the] market will present to you, your objective should be to find [an] opportunity where risk-reward ratio is best.” -Jaymin Shah
“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” -Victor Sperandeo
“Risk comes from not knowing what you`re doing.”- Warren Buffet
“It’s ok to be wrong; it’s unforgivable to stay wrong.” – Martin Zweig
“Letting losses run is the most serious mistake made by most investors.” – William O’Neil
“The market is a device for transferring money from the impatient to the patient” – Warren Buffet