The Top 10 Trader Quotes that has powered my success
Motivation needs to be a daily habit in the business of international trade. I haven’t met any successful trader yet who isn’t self motivated. The following is a compilation of quotes that I keep handy every time I need an instant boost:
“The best traders have no ego. You have to swallow your pride and get out of your losses.” – Tom Baldwin
“Markets are merely the reflection of human behaviour” – Martin Armstrong
“It is usually people in the money business, finance, and international trade that are really rich.” – Robin Leach
“Its not about being right or wrong, rather, its about how much money you make when you’re right and how much you don’t lose when you’re wrong” – George Soros
“Capitalism is subject to booms and busts simply because it’s the nature of mankind.” – Martin Armstrong
“Frankly, I don’t see markets; I see risks, rewards, and money.” – Larry Hite
“Trade like men. There’s no such thing as a riskless trade. Risks are not for fools.” – Martin Armstrong
“The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” – Paul Tudor Jones
“A great trader is like a great athlete. You have to have natural skills, but you have to train yourself how to use them.” – Marty Schwartz
“To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking.” – Alexander Elder
#2 the most important to me. Why I use fibonacci on every trade entry and exit, measured moves and the like. Even computer algos are written by humans so in turn must act accordingly. There is one more tho. I can't remember his name right now.
Big mistake in trading is trying to get the market to do what you want it to do, you must figure out what the market wants to give you and trade within those parameters.
Trade Well!!
Chris
Well said Chris.