Cut your losers and let your winners run
What's your favorite trading quote of all time?
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All newbies and wannabes are unable to see, how much they lack and why they will fail.
"You're walking around blind without a cane, pal."
Gordon Gekko, 'Wall Street'
In successful day trading you have to know exactly what you are doing all the time.
"I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought."
Gordon Gekko, 'Wall Street'
You need to be completely prepared and armed with all the knowledge you need then you can begin to trade.
"..we're in the kill zone, pal, better lock and load."
Gordon Gekko, 'Wall Street'
"You're walking around blind without a cane, pal."
Gordon Gekko, 'Wall Street'
In successful day trading you have to know exactly what you are doing all the time.
"I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought."
Gordon Gekko, 'Wall Street'
You need to be completely prepared and armed with all the knowledge you need then you can begin to trade.
"..we're in the kill zone, pal, better lock and load."
Gordon Gekko, 'Wall Street'
"Buy the low, sell the high, walk away at the top"
"The one defining characteristic of successful traders is their refusal to quit in the face of adversity"
"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough"
"Trading is an obsession, passion, the best entertainment, a challenge, the most fascinating game humans ever invented, a science, an art, the way of living and thinking, the strongest desire you ever had, an intellectual and physical fitness exercise and much more. Look inside your soul. If you don't feel this way about trading then you should not be trading at all. However if some of that resonates with you then don't give up. Work hard, sweat, get frustrated, create, test, enjoy the triumphs and suffer losses, become a great trader and make as much money as you want!"
"The one defining characteristic of successful traders is their refusal to quit in the face of adversity"
"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough"
"Trading is an obsession, passion, the best entertainment, a challenge, the most fascinating game humans ever invented, a science, an art, the way of living and thinking, the strongest desire you ever had, an intellectual and physical fitness exercise and much more. Look inside your soul. If you don't feel this way about trading then you should not be trading at all. However if some of that resonates with you then don't give up. Work hard, sweat, get frustrated, create, test, enjoy the triumphs and suffer losses, become a great trader and make as much money as you want!"
<from older days) "A broker is someone who invests your money until there is nothing left"
"The best way to make a small fortune in futures is to start with a large one"
"The best way to make a small fortune in futures is to start with a large one"
"don't be sore, buy some more"
"don't frown, double down"
"don't frown, double down"
