Quote of the Day
Standing on the shoulders of giants.
Over a decade of quotes on trading, discipline, patience and mindset that I keep coming back to. Some from market legends, some from philosophers, a few from the trail.
Read one before the open. Then go do the work.
“It is all about appropriatness. When to be full throttle and when to sit on hands. Patience is the hardest for most”
“Trading is…
A path to build wealth.
A road to ruin.
Unending entertainment when you’re clueless.
Crushingly boring when done right.
An enlightening window to the world.
A glimpse of humans at their worst.
A venue where lifetime friendships are built.
A dark alley where business relationships are destroyed.
The most satisfying game to master.
The most frustrating occupation to enter.
Filled with some of the most sharing and generous people you’ll ever meet.
Populated by Shysters and Hucksters ready to con you out of your last nickel.
Synonymous with America’s growth and a source of pride.
Occasionally responsible for America’s black eye to the world.
Where new fortunes are cemented.
Where generational family fortunes are forever lost.
Trading is.
Ok kid, have at it. Good luck.
”