The Best Trading Proverbs

[dealmaker]

"Great investors have a "screw loose" pursuing the game not for profit; but for sport"
- David Swensen

 

[murray t turtle]

IF possible, try to hold through the stocks first correction, once you already have a profit-IBD [Investors Business Daily]

 

[ironchef]

IF possible, try to hold through the stocks first correction, once you already have a profit-IBD [Investors Business Daily]

Thanks. I will remember this, makes sense but hard to do. This is counter to human intuition, the temptation to take my money and run is very strong.

Regards,

 

[learner2007]

One of the world's greatest TA traders once said:

The price movement will tell you what to do 1% of the time. But, more importantly,
99% of the time it will tell you what NOT to do!!

 

[dealmaker]

"The symbol of all relationships among such men, the moral symbol for human beings, is the trader"
- Ayn Rand ( from Galt's speech Atlas Shrugged 1957)

 

[OddTrader]

One of the world's greatest TA traders once said:

The price movement will tell you what to do 1% of the time. But, more importantly,
99% of the time it will tell you what NOT to do!!

Almost 100% traders are 100% unsure which 1% is that 1% time!

 

[dealmaker]

"The reward for a work well done is opportunity to do more"
- Jonas Salk

 

[Option_Attack]

Statistics are misleading 83.5% of the time.

Almost 100% traders are 100% unsure which 1% is that 1% time!

 

[ThunderThor]

Trade what you see.

If you're going to panic, panic quickly.

Everybody has a plan,until they get punch in the mouth.

 

[ThunderThor]

"Great investors have a "screw loose" pursuing the game not for profit; but for sport"
- David Swensen

This is me

"I can calculate the motion of heavenly bodies, but not the madness of people."
-Sir Isaac Newton

said the above after he lost 20k GBP in the South Seas bubble...
He first sold his shares at 7k but as shares climbed re-entered...

I always loved this quote.