Since 2011 · Words worth trading on
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.
“Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured.”
“Patience is not passive; on the contrary, it is active; it is concentrated strength”
“If you are not willing to risk the unusual, you will have to settle for the ordinary.”
“You’ve reached the pinnacle of success as soon as you become uninterested in money, compliments, or publicity.”
“Patience is waiting. Not passively waiting. That is laziness. But to keep going when the going is hard and slow - that is patience.”
“I bargained with life for a penny
And life would pay no more
However I begged at evening
When I counted my scanty storeFor life is just an employer,
He gives you what you ask,
But once you have set the wages,
Why, you must bear the task.I worked for a menial’s hire,
”
Only to learn, dismayed,
That any wage I had asked of Life,
Life would have willingly paid.
“Before success comes in any man’s life, he’s sure to meet with much temporary defeat and, perhaps some failures. When defeat overtakes a man, the easiest and the most logical thing to do is to quit. That’s exactly what the majority of men do.”
“As traders our job is to manage risk & consistently take profits out of the market while preserving emotional & financial capital.”
“Success seems to be connected with action. Succeesful people keep moving. They make mistakes but they don’t quit.”
“Life is like a taxi. Whether you are going anywhere or not. Whether you know where you are going or not. The meter never stops ticking.”
“If you want to see someone’s true colors watch how they treat someone who has NOTHING to offer them”