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.
“New buy points always develop from this kind of price action. Learn to embrace the corrections”
“Without patience we become the victim of our expectations and only allow ourselves the opportunity to experience disappointment”
The Race at Sunrise
Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion, or it will be killed. Every morning a lion wakes up. It knows that it must outrun the slowest gazelle, or it will starve to death. It doesn’t matter whether you are a lion or a gazelle; when the sun comes up, you had better be running. - African Parable
The True Measure of Success
To be able to carry money without spending it. To be able to bear injustice without retaliating. To be able to do one’s duty when critical eyes watch. To be able to keep at a job until it is finished. To be able to do the work and let others receive the recognition. To be able to accept criticism without letting it whip you. To like those who push you down. To love when hate is all about you. To follow God when others put detour signs in your path. To have a peace of heart and mind because you have given God your best. This is the true measure of success.
“You’re smarter than you think - stop handing your confidence to people you’ve never looked in the eye”
“When you make money in the market, be humble - you took it from someone else - and be vigilant, or they will take it back.”
“Enthusiasm is the mother of effort, and without it nothing great was ever achieved.”
“Self-confidence gives you the freedom to make mistakes and cope with failure without feeling that your world has come to an end or that you are worthless.”
“Your chances of success in any undertaking can always be measured by your belief in yourself.”
“Don’t wait until everything is just right. It will never be perfect. There will always be challenges, obstacles and less than perfect conditions. So what. Get started now. With each step you take, you will grow stronger and stronger, more and more skilled, more and more self-confident and more and more successful.”
“Ninety-nine percent of the failures comes from people who have the habit of making excuses.”
“Your passion and determination to succeed will overcome your learning curve”
