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.
“Before you were born, your parents weren’t as boring as they are now. They got that way from paying your bills, cleaning your clothes and listening to you talk about how cool you thought you were. So before you save the rain forest from the parasites of your parent’s generation, try delousing the closet in your own room.”
“I’ve come to believe that all my past failure and frustration were actually laying the foundation for the understandings that have created the new level of living I now enjoy.”
“When you really believe that trading is simply a probability game, concepts like right and wrong or win or lose no longer have the same significance.”
“When you are prepared, you are more confident. When you have a strategy, you are more comfortable.”
“Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought”
“I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature.”
“One of the hardest things in this world is to admit you are wrong. And nothing is more helpful in resolving a situation than its admission.”