Trading Quotes

“If you cannot …

“If you cannot execute when you identify that pattern, indicator combination, or setup, it is probably because you are experiencing fear from previous trading experiences. This fear is caused either because you do not have confidence in the reasons for… Read More ›

“The composite …

“The composite of a losing trader would be someone who is highly stressed and has little protection from stress, has a negative outlook on life and expects the worst, has a lot of conflict in her/her personality, and blames others… Read More ›

“Spot the Trend…

“Spot the Trend and Go With It: Determine the trend and follow it. Market trends come in many sizes – long-term, intermediate-term and short-term. First, determine which one you’re going to trade and use the appropriate chart. Make sure you… Read More ›

“Those traders …

“Those traders who have confidence in their own trades, who trust themselves to do what needs to be done without hesitation, are the ones who become successful. They no longer fear the erratic behavior of the market. They learn to… Read More ›

I used to try t…

I used to try to will things to happen. My attitude was that I figured it out, therefore it can’t be wrong. What is the ultimate rationalization of an investor in a losing position? “I’ll get out when I’m even.”… Read More ›

“The most impor…

“The most important rule of investing is to play great defense, not great offense. Every day I assume every position I have is wrong. Always question yourself and your ability. Don’t ever feel that you are very good. The second… Read More ›

“The habit of f…

“The habit of following points (tips) which are supposed to emanate from the big operators, nearly always end in loss and sometimes in disaster to young speculators. The latter become slavish in their methods of thought, having their minds entirely… Read More ›