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.
“Endurance is one of the most difficult disciplines, but it is to the one who endures that the final victory comes.”
“The very concept of trend following means that you will never buy at the bottom and you will never sell at the top. This is not about buying low and selling high, but rather about buying high and selling higher or shorting low and covering lower.”
“Great minds discuss ideas; average minds discuss events; small minds discuss people.”
“Whenever you find yourself on the side of the majority, it is time to pause and reflect.”
“People who succeed have momentum. The more they succeed, the more they want to succeed, and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy.”
“The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself.”
“A mindset of gratitude lifts the veil of bitterness and allows you to see beauty and possibility.”
“Forget yesterday - it has already forgotten you. Don’t sweat tomorrow - you haven’t even met. Instead, open your eyes and your heart to a truly precious gift - today.”
“Love is the great miracle cure. Loving ourselves works miracles in our lives.”
“A sense of humor is part of the art of leadership, of getting along with people, of getting things done.”
“Morning is when the wick is lit. A flame ignited, the day delighted with heat and light, we start the fight for something more than before.”
“Man is made or unmade by himself; in the armory of thought he forges the weapons by which he destroys himself. He also fashions the tools with which he builds for himself heavenly mansions of joy and strength and peace. By the right choice and true application of thought, man ascends to the Divine Perfection; by the abuse and wrong application of thought, he descends below the level of the beast. Between these two extremes are all the grades of character, and man is their maker and master.”
“I like nonsense, it wakes up the brain cells. Fantasy is a necessary ingredient in living, it’s a way of looking at life through the wrong end of a telescope. Which is what I do, and that enables you to laugh at life’s realities.”
“I got lots of grief from former girlfriends because I would take my work with me on dates.”
“Do not let your fire go out, spark by irreplaceable spark in the hopeless swamps of the not-quite, the not-yet, and the not-at-all. Do not let the hero in your soul perish in lonely frustration for the life you deserved and have never been able to reach. The world you desire can be won. It exists.. it is real.. it is possible.. it’s yours.”
“They told me that to make her fall in love I had to make her laugh. But every time she laughs I’m the one who falls in love.”
“I found that every single successful person I’ve ever spoken to had a turning point and the turning point was where they made a clear, specific, unequivocal decision that they were not going to live like this anymore. Some people make that decision at 15 and some people make it at 50 and most never make it at all.”