The Best Trading Proverbs

[dealmaker]

"The greatest danger for most of us lies not in setting our aim too high and falling short but in setting our aim too low, and achieving our mark."
-Michelangelo

 

[mkelch]

He who sells what isn't hisin' buys it back or goes to prison.

 

[dealmaker]

"There are old traders and there are bold traders but there are very few old, bold traders"
-Ed Seykota

 

[dealmaker]

"Losing a position is aggravating, losing your nerve is debilitating."
- Ed Seykota

 

[murray t turtle]

Don't eat oranges while trading. Your fingers will get sticky.

Paul Tudor Jones.

%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%

LOL .Speaking of sticky, i saw a picture of a yellow ''stickey''post it note, stuck on Paul Tudor Jones' computer. It stuck with me= '' Losers average losers''

 

[dealmaker]

"What you risk reveals what you value."

-Jeanette Winterson

 

[zdreg]

"Losing a position is aggravating, losing your nerve is debilitating."
- Ed Seykota

losing your nerve is debilitating." it is also literally the truth.

 

[matgallis]

"Everything that's important in investing is counter intuitive, and everything that's obvious is wrong" - Howard Marks

"It's not supposed to be easy. Anyone who finds it easy is stupid" - Charlie Munger

 

[jem]

seykota had some great ones.
here is a link..

http://www.investerarcitat.se/traders/ed-seykota/


I like his no old bold traders and his statements on losing traders... and

of course...

I not only believe his you get want you want out of the markets... I believe it applies in a surprising number of areas in life.

• Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.
• 
  
• I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.
  • Source: Schwager, Market Wizards, page 172,

 

[dealmaker]

seykota had some great ones.
here is a link..

http://www.investerarcitat.se/traders/ed-seykota/


I like his no old bold traders and his statements on losing traders... and

of course...

I not only believe his you get want you want out of the markets... I believe it applies in a surprising number of areas in life.

• Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.
• 
  
• I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.
  • Source: Schwager, Market Wizards, page 172,

"You can't quantify Reward but you can quantify RISK."

- Larry Hite