Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

Post Your Tradng Quotes

Recommended Posts

A few great trading quotes that was recently emailed to me. :)

 

"When I'm wrong, I move on. Being stubborn as a trader is a sign of both immaturity and inexperience - two of which are the enemy of good performance. No matter what your skill level may be, you are going to be wrong lots of times. But, as the Wall Street maxim goes - good traders know how to make money, but great traders know how to take a loss." - Soros

 

 

Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money." - Bruce Kovner

 

"We must remember that when markets go parabolic (and they do indeed go parabolic from time to time) it is important to remember one of our oldest trading aphorisms: that the final 10% of the time frame of a bull market can, and often will, encompass 50-75% of the price movement. We may be in that environment now." - Dennis Gartman

 

I would like to start a contest for good trading quotes. Post your favorite trading quotes and nominated threads will then get voted. Winner and runner up will win Amazon gift certificates. 3 quotes per member maximum. If there is a duplicate, the first person who posted it will be voted for.Deadline is end of the month.

 

Enjoy! :)

Share this post


Link to post
Share on other sites

"Everyone is a genius in a bull market."

 

I don't know who first came up with that one but it has been repeated many times. It's just a little reminder not to get big headed in times like these.

Share this post


Link to post
Share on other sites

ahh, have to corner the market on Alexander Elder...

 

"A man used to go on a battlefield with his sword and try to kill his opponent,

who was trying to kill him at the same time. The winner took the loser's weapons, his chattels, and his wife, sold his children into slavery.

Now we trade on the exchanges instead of doing battle in an open field. When you take money away from a man, is it not that different

from drawing his blood. He may lose his house, his chattels, his wife and his children may suffer.

"

 

"There are plenty of dumb sheep waiting to be fleeced or slaughtered. The sheep are easy-but if you want a piece of their meat, you've got to

fight some very dangerous competitors."

 

My favorite one by Elder was something like:

"The man who risks more than 1-3% of his account on a single trade is like the fool who runs off to hollywood with a dream of becoming an actor and ends up working as a waiter."

 

"Newsletters are good entertainment. Your subscription rents you a penpal who sends amusing and interesting letters and never asks you to write back, except for a check at renewal time."

Share this post


Link to post
Share on other sites
Guest cooter

"Greed is good."- Gordon Gekko

"Pigs get fat and Hogs get slaughtered." - Unknown

"A broker who quits and become a daytrader is like a dealer who starts using his own product, or a casino boss who becomes a degenerate gambler, supporting the replacement team."- Heard somewhere by the lake

Share this post


Link to post
Share on other sites

"One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... Most people always have to be playing; they always have to be doing something." Jim Rogers, Jr.

Share this post


Link to post
Share on other sites

Cool thread, I have three I write down at the top of my daily notes each day.

 

"Trade what you see, not what you think" - Vadym Graifer

 

"Focus on the setup, not the result" - John Carter

 

"Everybody gets what they want from the markets..." - Ed Seykota

 

:cool:

Share this post


Link to post
Share on other sites

A few more I would like to add on the list emailed to me recently.

 

"You must ignore what everyone else is doing and trade only when you feel the odds are in your favor. In short, trade only when you and you alone are comfortable that the expected return of your trades will be positive. That might mean you'll have to sit out a few parties, but it will also mean that you'll have more profits over the course of your trading career." - Gary B. Smith

 

"On Persistence... My motto was always to keep swinging. Whether I was in a slump or feeling badly or having trouble off the field, the only thing to do was keep swinging." - Hank Aaron, baseball star

 

"I don't define my self-worth by my net worth. Winning traders feel good about themselves no matter how much they win or lose. They feel good about themselves because they know deep down that they have value as people. They look inwardly for self-acceptance, and follow their personal values; they don't care what anyone else thinks. If you want to trade the markets with a calm, astute, mental edge, you must develop a genuine sense of self-esteem. By making sure that you live by your own values, and fully accept your limitations, you'll develop a true sense of worth that won't be easily shaken by momentary setbacks or failures." - Mental Edge Newsletter

Share this post


Link to post
Share on other sites

This is a quote not explicitly a trading quote but it comes from the grandfather of economics, free markets and the invisible hand: Adam Smith (given that we all derive a living from the markets he championed I think we owe his insignts a lot of respect) in his book The Wealth of Nations first publised in 1776.

 

"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but form their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages." - Adam Smith

Share this post


Link to post
Share on other sites

"look you guys, do not get intellectual in these markets, JUST TRADE THEM...........IF you guys were not bond traders you would be driving a truck" --- William Simon

Share this post


Link to post
Share on other sites
"look you guys, do not get intellectual in these markets, JUST TRADE THEM...........IF you guys were not bond traders you would be driving a truck" --- William Simon

 

lmao best quote yet imo...:cool:

Share this post


Link to post
Share on other sites

"Make money is not a trading plan. A trading plan is a blueprint for trading success; it spells out what you see your edge as being; if you don’t have an edge, you don’t have a plan, and likely you’ll wind up a statistic (part of the 95% of new traders that lose and quit)"---Jimmy Young

Share this post


Link to post
Share on other sites

A few more quotes that I just received in the mail:

 

A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.

- Michael Steinhardt

 

Your emotions are often a reverse indicator of what you ought to be doing. - John F. Hindelong (Dillon, Reed)

 

The greatest good you can do for another is not just to share your riches, but to reveal to him his own.

- Benjamin Disraeli, British prime minister, 1804-1881

 

Successful innovation is not a feat of intellect, but of will. - Joseph A. Schumpeter (Austrian-American economist, Theory of Economic Development, 1883-1950)

 

The world has changed! You can' be an 800-pound gorilla; you need to be an economic gazelle. You've got to be able to change directions quickly.

- Mark Breier (The 10-Second Internet Manager)

Share this post


Link to post
Share on other sites

Anybody can buy and sell - James C. Powers

 

Man with hole in pocket feel cocky all day - Confucious

 

“If you know anything about the stock I am trading . . . please do not tell me.” - Baruch

 

If you traded according to your plan then there are no "extra points" to be had. - Kiwi Trader

 

You will always be your worst enemy in futures trading, not your luck, not other traders, not unexpected news events and not the "markets." But this is actually more good news. Because you cannot do anything about luck, other traders, the news or market behavior; but you can do a great deal about yourself. - Chick Goslin

 

“I convinced myself that whatever was wrong was wrong with me and not with the market.” - Livermore

 

"Your money isn't gone, it's just in the hands of other people now." - Egbert Prior

 

"... the psychological profiling of a programmer ( trader ) is mostly the ability to shift levels of abstraction, from low level to high level. To see something in the small and to see something in the large." - Donald Kruth

Share this post


Link to post
Share on other sites

"Dont ask the market what he can`t give you, and be prepared to take what he is willing to share with you" (Mr. Toledo Buenos Aires, Argentina ) one of my great mentors...

 

in spanish :

 

"No le pidas al mercado lo que no te puede dar, y estate preparado para tomar lo que el esta dispuesto para darte"

Share this post


Link to post
Share on other sites

"You'll start out with the best of intentions, but you probably won't be able to buck human nature. And even if you do succeed in holding conscientiously to your long-swing basis all the way through, it will be so difficult that you won't have much fun in doing it."Richard Schabacker

 

"The first rule of trading---there are probably many first rules--is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand" Bruce Kovner

 

"October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February." Mark Twain

 

Eccl. 1: 9:"The thing that hath been, it is that which shall be;and that which is done, is that which shall be done:and there is no new thing under the sun."

 

A young basketball player is fascinated with The Shot. He doesn’t think about the footwork he needs to get to the shot. He’s not aware of position on the court or even body position in the constant tactical encounters at each end of the court.Neither is the young player aware of the substitution pattern, game pace, or matchups except as he faces them momentarily on the court or while sitting on the bench. The game plan is completely subordinate to hitting the shot and not getting beaten to the hoop.It is the same in trading. - John Sweeney

 

“Unless you completely discard all news, reports, tips, corporate statements, crop situations and other types of news-you will be unable to get the best results from your market operation." Wyckoff

 

"Everything is about when people are caught.We want to focus on getting people caught.When you know they want to get out, beat them to the door, that is the game!" Mark Fisher

 

"Market is there to screw the most amount of people in the least amount of time!"- Mark Fisher

 

"Forget about winning and losing; forget about pride and pain. Let your opponent graze your skin and you smash into his flesh; let him smash into your flesh and you fracture his bones; let him fracture your bones and you take his life. Do not be concerned with escaping safely - lay your life before him." - Bruce Lee

 

The bad news is that, in our opinion, we will never find the philosopher’s stone. The good news is that we can fake it. —Parnas and Clements

Share this post


Link to post
Share on other sites

"General, don't take advice of your fears" (author unknown, could be Clausewitz). This pertains to entries and exits, not PSize.

 

"Don't be a sucker" (Jessie Livermore). This is, I presume, about people who know all the rules of good trading with one painful exception - "apply the rules".

 

Jim Rogers quoted above.

 

George Soros " It doesn't matter if you are right or wrong, but how much you win when you are right, and how little you lose when wrong"

Share this post


Link to post
Share on other sites

This one is for all those analysts who consistently get it wrong, but will be right one day.

 

"An expert is a man who has made all the mistakes which can be made in a very narrow field."

Niels Bohr (1885 - 1962)

 

 

One for those who pick a stock because they like the name of the company and refuse to sell it no matter how badly it performs.

 

"It is useless to attempt to reason a man out of a thing he was never reasoned into."

Jonathan Swift (1667 - 1745)

 

 

For all those frustrated traders who sold short a stock for all the right reasons, but it just keeps on defying gravity.

 

"The market can remain irrational longer than you can remain solvent."

John Maynard Keynes (1883 - 1946)

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.