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10 POWERFUL INVESTING & TRADING QUOTES OF ALL TIME Here are powerful quotes of professional traders, investors and experts in financial markets. Let their words inspire you and help you in your trading journey. "To succeed in the market, you must learn to think like everyone else and do the opposite." - Sir John Templeton 📈💭💡 "The four most dangerous words in investing are: 'This time it's different.'" - Sir John Templeton ⏳📉🛑 "The more you learn, the more you earn." - Warren Buffett 📚💰📈 "The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money." - Victor Sperandeo. 💪💰🚫🧠 "Investing is not about making predictions, it's about having a plan and sticking to it." - Tony Robbins 📊🔄📌 "The best time to buy a stock is when the blood is running in the streets." - Baron Rothschild 💀🔪💰 "The best investment you can make is in yourself." - Warren Buffett 💼💡💰 "The stock market is not a casino; it's a crooked casino." - Charlie Munger 🎰🎲🏛️ "Losses are part of the game. You can't win every trade." - Martin Schwartz . 📉😔💔 "The fundamental law of investing is the uncertainty of the future." - Peter Bernstein . ⚖️❓🔮 The More I trade, the more I realize how precise and meaningful are these phrases. Take them seriously, and they will help you achieve the financial success. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDEducation
by VasilyTrader
3
NZDUSD ✨ CPI News Trade ✨ q/qAn Anticipatory Analysis of Price Action (5) TP3 @ 0.7100 (close trade) (4) TP2 @ 0.6700 (shave 25%) (3) TP1 @ 0.6450 (shave 25%) (2) BSO @ 0.6225 📈⏳ (1) BLO @ 0.6105 📈⏳ ADDITIONAL INFO: 1️⃣ If the PA (Price Action) PB (pulls back) during the NZD News on Wednesday evening, we should be able to capture the UT (uptrend) with this Buy Limit Order 2️⃣However, if PA continues the UT, then we'll be "good to go" with the Buy Stop Order 3️⃣This is our first chance to profit. I picked this price because there is a wick-over-wick (8D) that may work as a pullback, so let's put some money in our wallets and chop off 25% of our investment at Take Profit 1 4️⃣This is our second chance to make a buck. I picked this price since there is a Major Resistance level (6D) that might work as a retracement, therefore we need more money in our wallets before PA arrives. An additional 25% will be shaved at Take Profit 2 5️⃣This is our third chance at making a profit. This is where we quit the ride, cancel all of our remaining buy positions at Take Profit 3, and prepare to short this thing since there is a Major Supply Zone @ 0.6715 (8D) that has a strong likelihood of reversing the trend to a short position
Long
by ProfessorCEWard
✍️Gratitude is an essential component of trader's well-being✍️This is a continuation of Weekly Quote series " We've seen that gratitude is an essential component of psychological well-being. The grateful trader is not self-focused, absorbed in how much money they could/should make. The grateful trader is thankful for the opportunities coming their way. When we look heavenward with thanks for what we've accomplished, there is an essential humility to our perspective. It's not just about us. It's not just about profits and losses. A great metric in evaluating your trading journal is to count the number of frustrated statements versus the number of grateful ones. A great metric in evaluating other traders is to count the number of self-aggrandizing statements with the number of humble, grateful ones. If losses are opportunities to learn and improve, we can sustain a grateful mindset even in times of adversity. A humble mindset is one looking to learn. A grateful mindset appreciates every opportunity to grow. A life perspective that instills and strengthens humility grounds us in the awareness that there is always something more important than me. There is always something more significant than what is simply happening here and now. We cannot succeed in trading or any life endeavor if it becomes our end-all and be-all. Once trading and P/L are placed on a pedestal, they control us and our experience. And that is precisely what interferes with profitability! It's great to correct your mistakes, but it's in your shining successes that you can find your path to fulfillment--and your future in markets. Hidden in your winning trades may be the key to your development as a trader. So many developing traders look for one edge after another, one market after another, one trading style after another--all in a frantic search for success. The reality is that our best trading is hiding in plain sight, when we explore what we're trading and how we're trading it when we're most fulfilled and successful"
BITSTAMP:BTCUSD
by Yelli_trades
11
✍️WEEKLY QUOTE: EXECUTE DO NOT PREDICT✍️..Why would you break your money management rules by trading too large a position relative to your equity or emotional tolerance to sustain a loss, if you weren't positive that you had a sure thing? If you really believed in a random distribution between wins and losses, could you ever feel betrayed by the market? If you flipped a coin and guessed right, you wouldn't necessarily expect to be right on the next flip simply because you were right on the last. There is always a point at which the odds of success are greatly diminished in relation to the profit potential. At that point, it's not worth spending any more money to find out if the trade is going to work. If the market reaches that point, I know without any doubt, hesitation, or internal conflict that I will exit the trade. The loss doesn't create any emotional damage, because I don't interpret the experience negatively. To me, losses are simply the cost of doing business or the amount of money I need to spend to make myself available for the winning trades. If, on the other hand, the trade turns out to be a winner, in most cases I know for sure at what point I am going to take my profits. (If I don't know for sure, I certainly have a very good idea.) The best traders are in the "now moment" because there's no stress. There's no stress because there's nothing at risk other than the amount of money they are willing to spend on a trade. They are not trying to be right or trying to avoid being wrong; neither are they trying to prove anything. If and when the market tells them that their edges aren't working or that it's time to take profits, their minds do nothing to block this information. They completely accept what the market is offering them, and they wait for the next edge. As traders, we can't afford to indulge ourselves in any form of "I know what to expect from the market." We can "know" exactly what an edge looks, sounds, or feels like, and we can "know" exactly how much we need to risk to find out if that edge is going to work. We can "know" that we have a specific plan as to how we are going to take profits if a trade works. But that's it! If what we think we know starts expanding to what the market is going to do, we're in trouble. And all that's required to put us into a negatively charged, "I know what to expect from the market" state of mind is for any belief, memory, or attitude to cause us to interpret the up and down tics or any market information as anything but an opportunity to do something on our own behalf.
BITSTAMP:BTCUSD
by Yelli_trades
28
10 Great Trading Quotes It's always refreshing to hear from some of the trading greats that have made a killing on the markets. Here are ten quotes that'll make you think twice: "Volatility is greatest at turning points, diminishing as a new trend becomes established." - George Soros Soros cemented his position as a trading legend when he banked billions by shorting the British pound ahead of Black Wednesday - the day that traders broke the pound. They didn't really break the pound, but they forced the British Government to pull it from the European Exchange Rate Mechanism (ERM), which it had joined in an attempt to unify European economies. Soros made a pretty penny from trading volatile markets, opting to use it as an indication of a the beginning of a new trend. "Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead." - Paul Tudor Jones Jones is a Tennessee-born hedge fund manager, investor and philanthropist who as of February 2017, was the 120th richest person on the Forbes 400. The market is a living, breathing thing. It is constantly changing and it is always right. Jones understood this, which is why he stressed the importance of being adaptable and capable of changing your trading style to suit market conditions. As Darwin famously said, it is not the strongest of the species that survives, nor the most intelligent, but the one most adaptable to change. “You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.” - Warren Buffet A household name in the trading and investing sphere, Buffet has made more money than most of us put together. You don't need to understand electricity to flick the light switch, and you don't need to understand the physics of a wave to be able to surf it. “Superlative performance is really a confluence of dozens of small skills or activities, each one learned or stumbled upon, which have been carefully drilled into habit and then are fitted together in a synthesized whole. There is nothing extraordinary or superhuman in any one of those actions; only the fact that they are done consistently and correctly, and all together, produce excellence.” - Daniel F. Chambliss, Professor of Sociology Here, Chambliss emphasizes the mundanity of excellence. Each factor that helps us make our trading decisions may seem underwhelming on its own, but bundle them all together and it produces some incredible results. "I was seldom able to see an opportunity until it had ceased to be one." - Mark Twain Trust your analysis before you miss the move.
Education
by avidtrader89
3