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Trading Quotes #1
“You are the most important variable in the trading equation.” – Mike Elvin, Financial Risk Taking
“You are the most important variable in the trading equation.” – Mike Elvin, Financial Risk Taking
Trading Quotes #2
“I think one of my strengths is that I view all that has happened up to this point to be history. I really don’t care about the mistakes I made 3 seconds ago, What I care about is what I am going to do from the next moment on” – Paul Tudor-Jones. My Story
“I think one of my strengths is that I view all that has happened up to this point to be history. I really don’t care about the mistakes I made 3 seconds ago, What I care about is what I am going to do from the next moment on” – Paul Tudor-Jones. My Story
Trading Quotes #3
“The three elements of successful trading are: Cutting losses, cutting losses, cutting losses. If you can follow these rules, you may have a chance!” – Ed Seykota in Market Wizards
“The three elements of successful trading are: Cutting losses, cutting losses, cutting losses. If you can follow these rules, you may have a chance!” – Ed Seykota in Market Wizards
Trading Quotes #4
“Mental toughness is judged by the speed in which a trader can recover from losses and mistakes within a trading session; how quickly they recover from larger losses; and the ability to continue trading while going through a prolonged period of losses or
“Mental toughness is judged by the speed in which a trader can recover from losses and mistakes within a trading session; how quickly they recover from larger losses; and the ability to continue trading while going through a prolonged period of losses or
bad performance, and then eventually turn things around.” – Tariq Arees, trader
Trading Quotes #5
“Good trading is not about being right, it is about trading right. If you want to be successful, you need to think of the long run, and ignore the outcome of individual trades.” – Curtis Faith, Way of the Turtle
“Good trading is not about being right, it is about trading right. If you want to be successful, you need to think of the long run, and ignore the outcome of individual trades.” – Curtis Faith, Way of the Turtle
Trading Quotes #6
“I've missed more than 9000 shots in my career. I've lost almost 300 games. On 26 occasions I've been entrusted to take the game winning shot, and I missed. I've failed over and over and over again in my life. N that’s precisely why I succeed.” – Michael Jordan
“I've missed more than 9000 shots in my career. I've lost almost 300 games. On 26 occasions I've been entrusted to take the game winning shot, and I missed. I've failed over and over and over again in my life. N that’s precisely why I succeed.” – Michael Jordan
Trading Quotes #7
“We are what we repeatedly do. Excellence then is not an act
but a habit.” – Aristotle
“We are what we repeatedly do. Excellence then is not an act
but a habit.” – Aristotle
Trading Quotes #8
“Most people make the mistake of increasing their bets as soon as they start making money. That is a quick way to get wiped out.” – Marty Schwartz, in Market Wizards
“Most people make the mistake of increasing their bets as soon as they start making money. That is a quick way to get wiped out.” – Marty Schwartz, in Market Wizards
Trading Quotes #9
Oscillation – Balancing Stress and Recovery: “Consistent performance is achieved when you have a healthy oscillation between positive peak performance states, and periods of recovery.” – James E. Loehr, Stress for Success
Oscillation – Balancing Stress and Recovery: “Consistent performance is achieved when you have a healthy oscillation between positive peak performance states, and periods of recovery.” – James E. Loehr, Stress for Success
Trading Quotes #10
“What has happened in the past will happen again, and again. This is because human nature does not change, and it is human emotion, solidly build into human nature, that always gets in the way of human intelligence. Of this I am sure.”- Jesse Livermore
“What has happened in the past will happen again, and again. This is because human nature does not change, and it is human emotion, solidly build into human nature, that always gets in the way of human intelligence. Of this I am sure.”- Jesse Livermore
Trading Quotes #11
"It takes character to sit there with all that cash and do nothing. I didn’t get to where I am by going after mediocre opportunities" - Charlie Munger
"It takes character to sit there with all that cash and do nothing. I didn’t get to where I am by going after mediocre opportunities" - Charlie Munger
Trading Quotes #12
“In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make any money and if you’re not defensive, you’re not going to keep the money you made.
“In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make any money and if you’re not defensive, you’re not going to keep the money you made.
I believe that anyone who has made money in trading has had to experience horrendous pain at some time" - Ray Dalio
Trading Quotes#13
“Only a man who knows what it is like to be defeated can reach down to the bottom of his soul and come up with the extra ounce of power it takes to win when the match is even.” - Muhammad Ali (Just what it takes to make yourself different from the crowd)
“Only a man who knows what it is like to be defeated can reach down to the bottom of his soul and come up with the extra ounce of power it takes to win when the match is even.” - Muhammad Ali (Just what it takes to make yourself different from the crowd)
Trading Quotes#14-16
“Markets can remain irrational longer than you can remain solvent.” - John Maynard Keynes
“If you personalize losses, you can't trade.” - Bruce Kovner
“The market is like a large movie theatre with a small door.”
- Taleb
“Markets can remain irrational longer than you can remain solvent.” - John Maynard Keynes
“If you personalize losses, you can't trade.” - Bruce Kovner
“The market is like a large movie theatre with a small door.”
- Taleb
Trading Quotes#17
"Options have a tendency of sucking in very intelligent people and blowing them up. The smarter the person, the more spectacular the blowup" - Taleb
"Options have a tendency of sucking in very intelligent people and blowing them up. The smarter the person, the more spectacular the blowup" - Taleb
Trading Quotes#18-19
"When I trade, I don't hv an agency problem; I hv my neck on the line. When a bank or banker trades, it's not his neck on the line"
“Randomness, adventures, uncertainty, self-discovery, near-traumatic episodes, these things makes life worth living"
- Taleb
"When I trade, I don't hv an agency problem; I hv my neck on the line. When a bank or banker trades, it's not his neck on the line"
“Randomness, adventures, uncertainty, self-discovery, near-traumatic episodes, these things makes life worth living"
- Taleb
Trading Quotes#20 -21
"The way to make money is to buy when blood is running in the streets" - John D Rockefeller
"A man must believe in himself and his judgement if he expects to make a living at his game" - Jesse Livermore
"The way to make money is to buy when blood is running in the streets" - John D Rockefeller
"A man must believe in himself and his judgement if he expects to make a living at his game" - Jesse Livermore
Trading Quotes#22-23
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.”
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter"
― Yvan Byeajee
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.”
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter"
― Yvan Byeajee
Trading Quotes#24-25-26
“In order to succeed, you first have to be willing to experience failure.”
“Trading effectively is about assessing probabilities, not certainties.”
“The mind is a fascinating instrument that can make or break you.”
― Yvan Byeajee
“In order to succeed, you first have to be willing to experience failure.”
“Trading effectively is about assessing probabilities, not certainties.”
“The mind is a fascinating instrument that can make or break you.”
― Yvan Byeajee
Trading Quotes#27
There is no comfort zone in trading, which makes this
business difficult. It’s an uncomfortable feeling and you
have to find a way around it - Gareth Burgess
There is no comfort zone in trading, which makes this
business difficult. It’s an uncomfortable feeling and you
have to find a way around it - Gareth Burgess
Trading Quotes#28 - 29
“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes.
“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes.
These people typically have a working business plan for trading because they treat trading as a business.” - Van K. Tharp
“I believe in analysis and not forecasting.” - Nicolas Darvas
“I believe in analysis and not forecasting.” - Nicolas Darvas
Trading Quotes# 30
“The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” - Paul Tudor Jones
“The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” - Paul Tudor Jones
Trading Quotes# 31
“When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing
“When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing
well…If you stick around when the market is severely against you, sooner or later they are going to carry you out.” - Randy McKay ; follow this strictly..
Trading Quotes# 32-33
“Losses are necessary, as long as they are associated with a technique to help you learn from them” - David Sikhosana
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.” - Yvan Byeajee
“Losses are necessary, as long as they are associated with a technique to help you learn from them” - David Sikhosana
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.” - Yvan Byeajee
Trading Quotes# 34
"The fastest way to take a bath in the stock market or go broke is to try to prove that you are right and the market is wrong."- William J. O'Neil
"The fastest way to take a bath in the stock market or go broke is to try to prove that you are right and the market is wrong."- William J. O'Neil
