Trading Maxims/Quotes

[When asked if he was comfortable with the market he replied:]
"I am never comfortable. These are stocks, not a cozy sofa, we are leaning on."

Jim Cramer
 
"When you hold on to a paper loss, you aren't winning the game. Hell, you aren't even playing. Know when to walk away and know when to run."

Jonathan Hoenig
 
''Huge change''Exclaimed Jim Cramer...................................................CNBC interview 1/24/02,commenting on Tom [sebl] outlook remark''Quite optimistic''...............................:cool:
 
[1]trade set up help-''.....risk reward ratio of 1/3,If i am looking to make three points on a trade, i can only risk one point.............................[2]Next I will take into account the maximum allowable drawdown on my position..........:cool: [3] Then i will define where technical support is found'':) ......................................Tony OZ,The Stock Trader -How I Make a Living Trading Stocks
 
''Read stocks like a book''George Fontanlis, clicking up 50,200 day moving average on his charts.....................[active trading video,Signal which changed thier name to E-Signal]...................................:cool:
 
''Read people like a book''............................Brian Houston ...........................[Australia not just Texas, in a context of work prospering and happiness]........................................................:cool:
 
"When you change your thinking, you change your beliefs; when you change your beliefs, you change your expectations; when you change your expectations, you change your attitude; when you change your attitude, you change your behavior; when you change your behavior, you change your performance; when you change your performance, YOU CHANGE YOUR LIFE!!!!"

Walter D. Staples
 
"A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. Thats the kind of thing winning traders do" Ed Seykota
 
"All the technical mastery in the world won't do you any good if you dont have something to say and the ability to lose your ego" Sidney Buchet --- Jazz musician
 
"Successful trading is the result of years of hard work, discipline, practice, and the realization that RISK is the vehicle that allows you to acieve a positive outcome" Robert Koppell
 
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