"Wall street produce price."
anonymous.
anonymous.
What's your favorite trading quote of all time?
- Thread starter a529612
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Practice doesn't make perfect.
Practice makes you good at whatever you are repetitively practicing.
What if you practice something incorrectly?
All you will accomplish is being the best at doing something incorrectly.
Being specific in our statements makes what we say, actually what we mean.
"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.
---Jesse Livermore
My favorite
[/QUOTE]
Exactly, it has been my BIGGEST problem in the last 5 years and it has hurt me the most. I think it is one of the hardest thing about trading to know when to get out. My account has never been negative, But my A$$ needs to sit more tight when my trades are making money.
---Jesse Livermore
My favorite
[/QUOTE]Exactly, it has been my BIGGEST problem in the last 5 years and it has hurt me the most. I think it is one of the hardest thing about trading to know when to get out. My account has never been negative, But my A$$ needs to sit more tight when my trades are making money.