The Best Trading Proverbs

[fxwannaB]

I'm the author of the following proverb :

A frustrated trader is a trader in trouble.

it's not great but it's mine..

 

[Crispy]

I don't know who originally proposed this, but it's RIDICULOUS.. ASININE.

If we all got "what we want out of the markets", we'd all be fabulously rich.

I do. And the man is a legend who turned a few hundred into a 8 figs and still going since the 70`s.

Bullshit. Most people want action and the emotional roller coaster driven endorphin rush, they just think they want to be rich...

 

[kut2k2]

Here's a rule of my own:

If your technical indicator needs confirmation, then you need a better technical indicator.

It's been very valuable to my progress..

 

[CoolHandLuke]

Here's a rule of my own:

If your technical indicator needs confirmation, then you need a better technical indicator.

It's been very valuable to my progress..

I don't think any single technical indicator has been invented that can be relied upon. All of them need confirmation, not only from another indicator but from active human intervention when it becomes crystal that something is askew.

 

[kut2k2]

I don't think any single technical indicator has been invented that can be relied upon. All of them need confirmation, not only from another indicator but from active human intervention when it becomes crystal that something is askew.

Luke Skywalker: "I don't believe it!"

Yoda: "That is why you fail."

 

[tiddlywinks]

When you have "one of those" weeks or days or trades...

It takes longer to count it then it took to make it.

 

[Keith Leesus]

Have patience. All things are difficult before they become easy.

 

[xandman]

Not exactly a proverb.

Pit Trader: "It's the guys upstairs who make THE money."

Office Trader: "It's the guys in the pits who makes THE money."

Guy who has the money: Walks around the floor with a trading jacket, but doesn't make a trade. Just waiting to be elected onto the exchange board or a clearing firm's board.

HFT guy: " Suckers!"

 

[CoolHandLuke]

Success trading like poker is taking lots of singles while keeping your eye open for the occasional homerun.

Morons & rightfighters swing for the fences on every trade.

 

[kut2k2]

Have patience. All things are difficult before they become easy.

+1