“All traders give themselves exactly what they feel they deserve. Trading is an excercise in accumulating money. Once we have learned how to trade (perceive opportunity and exectue our trades), who else or what else could be responsible for how much we end up with in our equity account?”

— Mark Douglas

“People underestimate the time it takes to succeed as a trader. Some people come here and think they can sit with me for a week and become great traders. How many people when they went to college would’ve thought to walk up to the professor and say, “I know the course is for a semester, but I think a week should be enough for me to get it.” Gaining proficiency is the same in trading as in any other profession - it requires experience…and experience takes time.”

— Mark D. Cook - Market Wizards

“The market does not know you exist. You can do nothing to influence it. You can only control your behavior.”

— Alexander Elder

“My worst trades have always been a result of getting spooked out of a position before it actually triggered my stop.”

— @DarvasTrader