“Risk comes from not knowing what you’re doing.” — Warren Buffett
“The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder
“The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder
“The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder
“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.” — Larry Hite
Let's see how this one plays. “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
“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
“Confidence is not ‘I will profit on this trade.’ Confidence is ‘I will be fine if I don’t profit from this trade.” — Yvan Byeajee
“The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder
Every trader has strengths and weaknesses. Some are good holders of winners but may hold their losers a little too long. Others may cut their winners a little short but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.
“Frankly, I don’t see markets; I see risks, rewards, and money.” - Larry Hite
“The biggest risk is not “The biggest risk is not taking a risk. In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
The market cannot fake this double bottom. It is confirmed that EURUSD have started a BULLISH TREND. You will no longer see a sell setup for EU from me. I will be sharing bullish trend continuation only .. Thank you.
“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 cliché, 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
“When I became a winner, I said, ‘I figured it out, but if I’m wrong, I’m getting the hell out, because I want to save my money and go on to the next trade.’” – Marty Schwartz
“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
Win or lose, everybody gets what they want from the market. Some people seem to like to lose, so they win by losing money.
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.” – Jesse Livermore