Good Trading Quotable Quotes

"The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades that are windfalls. The real skill is in not LOSING money!"

Linda Bradford Raschke
 
"Be greedy when others are fearful."

Warren Buffett


"Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I am getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis."

Bruce Kovner
 
It ain't the thing that people don't know that's the problem. It's the thing they do know that just ain't so...Will Rogers

Excellence is not an act. It is a habit...Aristotle

Don’t invest because of what you think should be happening. Invest because of what is happening...R. Driehaus

“The race is not always to the swift, nor the battle to the strong--but that’s the way to bet.” Damon Runyon
 
Ok heres another one on my own personal ones for the record books. :D

Indicators tell us about the condition of the track and the weather BUT we still need to drive the car and that's what reading and understanding price action is all about.
 
"I think to be in the upper echelon of successful traders requires an innate skill, a gift. It's just like being a great violinist. But to be a competent trader and make money is a skill you can learn."

Michael Marcus
 
"You should try to express your enthusiasm and ingenuity by doing research at night, not by overriding your system during the day. Overriding is something you should do only in unexpected circumstances - and then only with great forethought. If you find yourself overriding routinely, it's a sure sign that there's something that you want in the system that hasn't been included."

William Eckhardt
 
"I think it's generally a good idea that when you put on a trade, it should be so small that it seems almost a waste of your time. Always trade at a level that seems too small."

Mark Ritchie
 
sorry I have nothing to contribute yet. But I would like to thank you for your effort and wisdom.

have a profitable year.

sw
 
The crowd may be stupid but it is stronger than you. Never argue with a crowd.

You don’t have to run with the crowd-but you should never run against it.

You don’t trade or invest in markets you trade or invest according to your beliefs about the market.

Investors personal opinions are generally wrong; markets seldom are.
 
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