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.
“The most eminent creators are consistently those who have immersed themselves utterly in their chosen fields, have devoted their lives to it, amassed tremendous knowledge of it, and continually pushed themselves to the front of it”
“The great performers isolate remarkably specific aspects of what they do and focus on just those things until they are improved; then it’s on to the next aspect”
“Don’t let people treat you like a cigarette, they only use you when they’re bored and step on you when they’re done. Be like drugs, let them die for you”
“Calm mind brings inner strength and self-confidence, so that’s very important for good health.”
“People are afraid of themselves, of their own reality; their feelings most of all. People talk about how great love is, but that’s bullshit. Love hurts. Feelings are disturbing. People are taught that pain is evil and dangerous. How can they deal with love if they’re afraid to feel? Pain is meant to wake us up. People try to hide their pain. But they’re wrong. Pain is something to carry, like a radio. You feel your strength in the experience of pain. It’s all in how you carry it. That’s what matters. Pain is a feeling. Your feelings are a part of you. Your own reality. If you feel ashamed of them, and hide them, you’re letting society destroy your reality. You should stand up for your right to feel your pain.”
“It ain’t what you don’t know that gets you into trouble. It what you know for certain that just ain’t true.”
“Pay no attention to what the critics say; no statue has ever been erected to a critic.”
“Opportunity does not knock, it presents itself when you beat down the door.”
“One of the greatest discoveries a man makes, one of his great surprises, is to find he can do what he was afraid he couldn’t do.”
“Only when we are brave enough to explore the darkness will we discover the infinite power of our light.”
“And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.”
“If there is a sudden range expansion in a market that has been trading narrowly , human nature is to try and fade that price move. When you get range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.”
“Success is the ability to go from one failure to another with no loss of enthusiasm.”
“You know you are eliminating your ego when you are changing as a person, when you face situations and you behave differently, you have different impulses”
“The secret of change is to focus all of your energy, not on forcing out the old, but in building up the new.”
“Realistically, if you are not in place you want to be, well, that should be enough motivation for you.”