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.
“I’m not telling you it’s going to be easy, I’m telling you it’s going to be worth it.”
“Sometimes you’re ahead; sometimes you’re behind. The race is long and, in the end, it’s only with yourself.”
“The best traders wake up every day excited. They can’t wait to get to work. Passion transcends monetary reward.”
“Calling someone who trades actively an investor is like calling someone who repeatedly engages in one-night stands a romantic.”
“In life and business, there are two cardinal sins. The first is to act without thought and the second is not to act at all.”
“A great trader is like a great athlete . You have to have natural skills, but you have to train yourself how to use them.”
“I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes.”
“…Crisis or difficulties can often produce a sense of meaning where more pleasant stimuli have failed…danger can make you feel free when peace and serenity fail to arouse any response. It does this by forcing you to concentrate.”
“What we do to avoid emotional pain is usually not what we need to do to best manage a trade.”
“Life is accumulative – Either our errors accumulate to what we don’t get, or our wise decisions accumulate into what we do get.”
“If you really want to do something you’ll find a way, if you don’t you’ll find an excuse.”
“The good trader always sticks with his own ideas and closes his ears to the why-isn’t-everyone-doing-it cry of the crowd.”
“Do not pray for an easy life. Pray for the strength to endure a difficult one.”