The Best Trading Proverbs

[learner2007]

Are you saying the selection process--finding a stock to trade and deciding to buy it--is an art?

Yes, exactly. I think the entry requires much more expertise and is of much greater importance than the profit taking exit. If your entry is wrong, you have a problem.
But even if your exit is a wide miss, you never go out of business making a profit.
I would explain this thought more in detail, right or wrong, but it's 20 minutes past my
bedtime. So good night.

 

[jimmiebarton]

"When in doubt, get out"

 

[jimmiebarton]

and I love this one from Paul Tudor Jones..

"And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control."

 

[dealmaker]

"Most important thing in making money is not letting your losses get out of hand."
-Marty Schwartz

IE exits

 

[vinc]

„Most people who think they are investing are speculating. And
most people who think they are speculating are gambling.”

by I-don't-know-whom..

 

[kut2k2]

Don't let the Perfect be the enemy of the Good Enough.

 

[DarthSidious]

"If you're afraid, don't do it. If you're doing it, don't be afraid" - Genghis Khan

I think Yoda just paraphrased it: "Do. Or do not. There is no try"

 

[kut2k2]

Never let a trade turn into an investment. -- James Cramer

 

[Alpha Trader]

In regards to trading:

"It's not about perfection. It's about effectively managing your imperfection."

 

[murray t turtle]

In regards to trading:

"It's not about perfection. It's about effectively managing your imperfection."

%%
Good one; profitable one.
Having said that + i agree with that;
perfect means mature, in some contexts, mature quotes.LOL