Good Trading Quotable Quotes

[tyrant]

Learning to place stops is like learning to drive defensively. A stop is not a perfect tool but it is the best defensive tool we have.

Alexander Elder

 

[rjv27]

"If you think you are wrong, or if the market is going against you and you don’t know why, take off ½ your position. You can also ways put it on again"

- Steve Cohen - SAC Capital

 

[murray t turtle]

Quote from tyrant:

"Probably my best technique is not picking up the phone to close out a winning trade."

Jerry Parker, another Turtle

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I am personally involved in research, have been doing it since I started working with Rich Dennis , as a way to validate what he & Bill taught .

Thomas Shanks ,Hawksbill Capital management
another older turtle.

 

[murray t turtle]

Question; What did you learn the last time you had an extended drawdown???;

That patience & diligence are rewarded-
Thomas Shanks, older turtle

 

[Johnnie T-Bond]

Technical trading can be summed up in 5 words: prices oscillate and trends persist. If you can grasp that in detail, you can make money week-after-week-after-week.


yours truly

 

[trader28]

Quote from Johnnie T-Bond:

Technical trading can be summed up in 5 words: prices oscillate and trends persist. If you can grasp that in detail, you can make money week-after-week-after-week.


yours truly

I hear the sun rises and sets every day too Johnnie

 

[trader28]

I never MetaStock I didn't want to trade

Equis Sales

 

[Johnnie T-Bond]

Dear Trader 28: Some of the most useful and profound trading maxims are assinely simple, which is why people who are over-analytical often have a hard time being successful in this business.

 

[ovations]

A person who uses money to stuff up his sense of emptiness can hardly focus on finding the best quality trades.

Alex Elder

 

[tyrant]

There is nothing so disastrous as a rational investment policy in an irrational world.

John Maynard Keynes