Trading Maxims/Quotes

"As a trader it is more important to know that you will always follow your rules than it is to make money, because whatever money you make, you will inevitably lose back to the markets if you can't follow your rules."

Mark Douglas - The Disciplined Trader
 
"If the market were logical, we'd all be winners. So let's give up applying a system of expected outcome... The brightest minds in the world can't figure it out, so how can we expect to do it?... Just give up that idea that we can figure it out! Listen to the market shout a very clear and unmistakable direction to us. All we have to do is to listen, feel and follow the market's signals and not hope the market follows our lead. Rest assured. It won't!"

Edward Allen Toppel
 
I make mistakes all the time.Every day I come in and get humbled[he laughs] '':D Jack Schwager-Michael Masters ,top trader interview.............., [ M. Masters does do well at cutting losses.......]
 
''No matter what kind of stock you buy ,nabbing it at the right time is always the best way to protect yourself.''.................................''First study its past action on a weekly or daily chart.''Investors Business Daily 1/8 /02...............................[They are more business daily than investors and some of us like to study weekly, daily,,,,,,,,,,charts;not just weekly or daily....................]:)
 
"I like to compare the idea of being a trader to that of being a baseball hitter. A top hitter connects maybe 3 out of 10 times and makes millions of dollars. If he lets the other seven "failures" bother him, hes not going to be able to get up there again to swing the bat" Jeff Cooper --- The Best
 
"As soon as I see someone whos cocky enter this game I just put on the stop watch because I know it is just a matter of time before the market eats his lunch" Jeff Cooper
 
You must log in or register to reply here.
Back
Top