Favorite Trading Sayings / Quotes

[kuokam 10]

He is no longer managing other people's money next year, but is still in business.

 

 

given john w henry just closed his fund due to dwindling assets and returns, maybe people can predict the future!

[Tams 20]

[Tams 20]

[Tams 20]

[Tams 20]

if you are going through hell keep going......Winston Churchill

[Tams 20]

 

What can be

asserted without evidence

can also be

dismissed without evidence

[Galacticus 10]

 

What can be

asserted without evidence

can also be

dismissed without evidence

 

That was a great man.

 

A friend of mine used to say this sentence (adjust the English):

 

"1 thousand made it's like they were 2"

[4x Target 10]

“Always seek out differing opinions and challenge your beliefs. Except when you know you’re right, then everyone's BS is just a distraction."

[Roger Felton 10]

"Traders must first learn to survive, then learn to thrive" ...(Unknown)

 

"True knowledge is everything. The slope of an Equity Curve vs. the level of market ignorance are always congruently proportional" ....Roger Felton

[Junkscience 10]

A few of my favourites

 

"See both sides, manage risk, don't chase reward, and remember that there's no shame in admitting it's hard; there's only shame in pretending it's not." - Todd Harrison

 

“No matter how hard the past, you can always begin again” - Buddha

 

“Have the patience to wait, the courage to get out and the integrity to follow your plan” - John Carter

 

"Being yourself is the foundation of happiness. Knowing yourself is the foundation of wisdom. Pushing yourself is the foundation of success. It is better to conquer yourself in these ways, than to win a hundred battles elsewhere in life"

 

"We are what we repeatedly do. Excellence then, is not an act, but a habit" - Aristotle

 

"The next trade is the most important trade of your life" - Marty Schwartz

[kuokam 10]

Can't agree with the last one, but I am certainly missing the context.

One trade should never matter that much, since the outcome is never guaranteed in a game of probabilities.

 

 

A few of my favourites

 

"See both sides, manage risk, don't chase reward, and remember that there's no shame in admitting it's hard; there's only shame in pretending it's not." - Todd Harrison

 

“No matter how hard the past, you can always begin again” - Buddha

 

“Have the patience to wait, the courage to get out and the integrity to follow your plan” - John Carter

 

"Being yourself is the foundation of happiness. Knowing yourself is the foundation of wisdom. Pushing yourself is the foundation of success. It is better to conquer yourself in these ways, than to win a hundred battles elsewhere in life"

 

"We are what we repeatedly do. Excellence then, is not an act, but a habit" - Aristotle

 

"The next trade is the most important trade of your life" - Marty Schwartz

[kiatz15 10]

Trading quote from a few of the traders I know

 

Buy as garbage sell as antique

 

No such thing as buy low sell high only buy high sell higher

 

Its not the entrance but the exit that's matter

 

size doest matter anymore , this is regards to HFT putting up sizes

[Tams 20]

 

Don't bother with explanations,

people only hear what they want to hear.

[Momentum Chaser 10]

Acceptance that I control my implementation, but I do not control the market.

 

- Rob Booker

[Roger Felton 10]

A few of my favourites

 

"The next trade is the most important trade of your life" - Marty Schwartz

 

 

Hummm, sounds like Marty just bet the farm on a Naked Leap. Whenever you reach the point where you think the outcome of any particular trade is important, it's time to dust off your resume.

[Tams 20]

The Market Moves In a Straight Line

 

Just don't look at the noise.

 

 

[Tams 20]

[Angelnish 10]

 

Wow, I like this quote.

So true, and if you do the same mistake twice there will be no place for success not only in forex but also in your life.

 

Thumb up for you Tams :yes sir:

 

Regards,

Angelnish

[karoshiman 10]

How do you know when a daytrader is caught in a losing position? He starts researching the company.

[bj139 10]

"find something you love to do and you'll never work another day in your life....."

[kuokam 10]

Looks like there is one exception to this rule ...

 

"find something you love to do and you'll never work another day in your life....."

[Gekko78 10]

I will start with a cliche...

 

The Trend is Your Friend

 

........until it bends.

[Angelnish 10]

"Learn one thing about every thing, and learn every thing about one thing.''

[karoshiman 10]

Hummm, sounds like Marty just bet the farm on a Naked Leap. Whenever you reach the point where you think the outcome of any particular trade is important, it's time to dust off your resume.

 

 

I think the point of his quote is that you should look forward and not backwards.

 

If your last trade was a losing trade, don't beat yourself up because of that. Move on and don't let emotions cloud your judgement.

 

If your last trade was a winning trade, don't think you are invincible. Move on and don't let emotions cloud your judgement.

[Tams 20]

no amount of science and data can overcome the warm fuzzy feeling of a closely held superstition