Wise Words

"A man can be as great as he wants to be. If you believe in yourself and have the courage, the determination, the dedication, the competitive drive, and if you are willing to sacrifice the little things in life and pay the price for the things that are worthwhile, it can be done.” - Vince Lombardi

“The only way to make sense out of change is to plunge into it, move with it, and join the dance.” - Alan Watts

“Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great” - Mark Twain

“The key to overcoming fear of failure is breaking one’s attachment to results. Whenever we convince ourselves that results are all that count, we fall into anxiety that paradoxically limits our ability to achieve results…” - R.E. McMaster, Jr.

“When I became a winner, I said, “I figured it out, but if I’m wrong, I’m getting the hell out, because I want to save my money and go on to the next trade.” - Marty Schwartz

“It was at that point I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?” That was when I first decided I had to learn discipline and money management. It was a cathartic experience for me, in the sense that I went to the edge, questioned my very ability as a trader, and decided that I was not going to quit. I was determined to come back and fight. I decided that I was going to become a very disciplined and business like about my trading.” - Paul Tudor Jones

“Fortune favors the prepared mind.”

“Rule 20 - Concentrate on how you are playing, not whether you are winning. The idea of winning money, as we have seen, is a false goal. You can actually be playing quite poorly and be winning handily. This is not the victory it feels like, however, for eventually this bad play will catch up to disastrous if your are achieving this by playing wrong (Probably the thing we should hope for is to lose when are playing wrong, for this will steer us toward the correct path.” - Larry Phillips (The Tao of Poker)

“Consistent winners tell virtually no one their activities in the market place…. Consistent losers tell anyone who will listen the details of their market activities, to the point of campaigning for their point of view” - Henry Clasing

“In gambling & trading the many must lose in order that the few may win”

“Successful traders take responsibility for their actions. They believe their success is due to their well-developed skills and persistent effort, rather than a matter of circumstance, luck, or chance” - Michael Shopshire

“The smarter you play, the luckier you’ll be.” - Mark Pilarski

“Man is made or unmade by himself. By the right choice he ascends. As a being of power, intelligence, and love, and the lord of his own thoughts, he holds the key to every situation.” - James Allen

“Luck is when preparation meets opportunity”

“The market does not know you exist. You can do nothing to influence it. You can only control your behavior.” - Alexander Elder

“People underestimate the time it takes to succeed as a trader. Some people come here and think they can sit with me for a week and become great traders. How many people when they went to college would’ve thought to walk up to the professor and say, “I know the course is for a semester, but I think a week should be enough for me to get it.” Gaining proficiency is the same in trading as in any other profession - it requires experience…and experience takes time.” - Mark D. Cook

“The key to overcomming fear of failure is breaking one’s attachment to results. When ever we convince ourselves that results are all that count, we fall into anxiety that paradoxically limits our ability to achieve results…” - Trader’s Notebook 1

“When you win, say nothing, when you lose, say less.” - Paul Brown

“The creation of a speculator’s wealth comes from how he manages his money, not some magical, mysterious system or alchemist’s secret. Successful investing makes money; successful investing with proper money management can create immense wealth.” - Larry Williams

“Fear is only as deep as the mind allows.” - Japanese Proverb

“The graveyard of past traders is littered with those who couldn’t get the needle out of their arms. Markets can destroy you emotionally, physically and financially. You must keep perspective.” - @GtoToy

“The superior man blames himself. The inferior man blames others.”

“If you’re bored with life, if you don’t get up every morning with a burning desire to do things - you don’t have enough goals.” - Lou Holtz

“All traders give themselves exactly what they feel they deserve. Trading is an excercise in accumulating money. Once we have learned how to trade (perceive opportunity and exectue our trades), who else or what else could be responsible for how much we end up with in our equity account?” - Mark Douglas

“The power is in you. The answer is in you. And you are the answer to all your searches: you are the goal. You are the answer. It’s never outside.” - Eckhart Tolle

“Only by optimistically accepting our potential losses can we face the risk and move on to effective action.” - Richard McCall - The Way of the Warrior Trader

“The market is a force bigger than any one trader. If you go against it, you will feel pain. The traders who go with the tide are more free and easy. They don’t like the pain. The like themselves. They know there is no point in fighting the forice of the market. They let go of their egos and admit that the market is greater than they are.” - Ari Kiev - Trading To Win

“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.” - Frank Herbert

“He who knows not what he risks, risks all.” - John Hill

“Do not believe in anything simply because you have heard it. Do not believe in anything simply because it is spoken and rumored by many. Do not believe in anything simply because it is found written in your religious books. Do not believe in anything merely on the authority of your teachers and elders. Do not believe in traditions because they have been handed down for many generations. But after observation and analysis, when you find that anything agrees with reason and is conducive to the good and benefit of one and all, then accept it and live up to it.” - Buddha

"Fearlessness requires attention and receptivity—it takes focus to stand in the still eye of a tornado and not be swept away by it." - Susan Piver

“Most traders will lose all of their profits in just a few weeks of choppy market action. Learn when to stalk and when to strike” - @DanZanger

"Most people are paralyzed by fear. Overcome it and you take charge of your life and your world." - Mark V. Hansen

“It is better to look ahead and prepare than to look back and regret.” - Jackie Joyner

“Great souls have wills; feeble ones have only wishes.” - Chinese Proverb

“Without self-discipline, success is impossible, period.” - Lou Holtz

“I’m known for my short-selling ability, and March 2009 was a disastrous demonstration of how it can go wrong. Working to correct mistakes and get back on track helped to create a very nice May 2010 result for me, as evidenced by the statement above. As traders, we must all keep moving forward. I admit it is somewhat creepy and bizarre having disgruntled individuals continue to stick the knife in my back as they try to publicize my bad March/April 2009, but the fact is that this is just the kind of garbage traders have to rise above. Bill O’Neil told me that what makes a good trader a great trader is their ability to bounce back from the times when they get hit. Frankly, I hope my progress will inspire the rest of you to realize that no matter how difficult things get for you, you must absolutely remain a student of the market and be doggedly persistent and courageous in examining and correcting your mistakes and taking action to get back on track. To these gadfly critics of mine, I say, “Eat my shorts!” G.M.” - Gil Morales

“You don’t have to run a big business, fly a balloon, or break records in a boat to learn from and use the lessons I learned. Your goal can be small. Student magazine was very small at first. I sold space in it from a payphone at school because I believed I could and would do it. If something is what you really want to do, just do it. Whatever your goal is you will never succeed unless you let go of your fears and fly.” - Richard Branson

“Better to remain silent & be thought a fool that to speak & remove all doubt.” - English Proverb

“Pain is inevitable. Suffering is optional.”

“Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.” - Buddha

“A man sooner or later discovers that he is the master-gardener of his soul, the director of his life.” - James Allen

“Do what you can, with what you have, where you are.” - Theadore Roosevelt

“You have reached the pinnacle of success as soon as you become uninterested in money, compliments, or publicity.”

“Blame is just a lazy person’s way of making sense of chaos.” - Doug Coupland

“All life demands struggle. Those who have everything given to them become lazy, selfish, and insensitive to the real values of life. The very striving and hard work that we so constantly try to avoid is the major building block in the person we are today.”

“Circumstances do not make the man, they reveal him.” - James Allen

“In every contest, there comes a moment that separates winning from losing. The true warrior understands and seizes that moment.” - Pat Riley

“Creativity is often blocked by trying to be perfect. Creativity is allowing yourself to make mistakes. Art is knowing which ones to keep.” - Tony Robbins

“Our greatest glory is not in never failing, but in rising every time we fall.” - Confucious

“You have to be willing to make mistakes regularly; there is nothing wrong with it…make your best judgement, being wrong, making your next best judgement, being wrong, making your third best judgement, and then doubling your money.” - Bruce Kovner - Market Wizards

“Destiny is not a matter of chance; but a matter of choice. It is not a thing to be waited for, It is a thing to be acheived.”

“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma — which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.” - Steve Jobs

“When you get into a tight place and everything goes against you, till it seems as though could not hold on a minute longer, never give up then, for that is just the place and time that the tide will turn…" - Harriet Beecher Stowe

“All that we are is the result of what we have thought. The mind is everything. What we think, we become.” - Buddha

“Worrying is like sitting on a rocking horse, it gives you something to do but you don’t get anywhere doing it” - Tony Robbins

“If you find a path with no obstacles, It probably doesn’t lead anywhere.” - Sunnan Kubose

“Before you embark on a journey of revenge, dig two graves.” - Confucius

“The quality of your life is in direct proportion to the amount of uncertainty you can comfortably deal with.” - Tony Robbins

“Great spirits have always faced violent opposition from mediocre minds.” - Einstein

“Good, better, best. Never let it rest. Until your good is better and your better is best.” - Tim Duncan

“What have you always wanted? What have you always dreamed of being, doing or having? Today is your opportunity to go for it. Today is your day to take the first step, to take positive action, to take control of your life and your future. Today is only here once. Use it while you have it. make it count; make it special as only you can do.” - Ralph Marston

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” - Aristotle

“The law of harvest is to reap more than you sow. Sow an act, and you reap a habit. Sow a habit and you reap a character. Sow a character and you reap a destiny.” - James Allen

“Dream lofty dreams, and as you dream, so you shall become. Your vision is the promise of what you shall one day be; your ideal is the prophecy of what you shall at last unveil.” - James Allen

“Any time you sincerely want to make a change, the first thing you must do is to raise your standards. When people ask me what really changed my life, I tell them that absolutely the most important thing was changing what I demanded of myself. I wrote down all the things I would no longer accept in my life, all the things I would no longer tolerate, and all the things that I aspired to become.”

“Go placidly amid the noise and haste, and remember what peace there may be in silence. As far as possible without surrender be on good terms with all persons. Speak your truth quietly and clearly; and listen to others, even the dull and the ignorant; they too have their story. Avoid loud and aggressive persons, they are vexations to the spirit. If you compare yourself with others, you may become vain and bitter; for always there will be greater and lesser persons than yourself. Enjoy your achievements as well as your plans. Keep interested in your own career, however humble; it is a real possession in the changing fortunes of time. Exercise caution in your business affairs; for the world is full of trickery. But let this not blind you to what virtue there is; many persons strive for high ideals; and everywhere life is full of heroism. Be yourself. Especially, do not feign affection. Neither be cynical about love; for in the face of all aridity and disenchantment it is as perennial as the grass. Take kindly the counsel of the years, gracefully surrendering the things of youth. Nurture strength of spirit to shield you in sudden misfortune. But do not distress yourself with dark imaginings. Many fears are born of fatigue and loneliness. Beyond a wholesome discipline, be gentle with yourself. You are a child of the universe, no less than the trees and the stars; you have a right to be here. And whether or not it is clear to you, no doubt the universe is unfolding as it should. Therefore be at peace with God, whatever you conceive Him to be, and whatever your labors and aspirations, in the noisy confusion of life keep peace with your soul. With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.” - Max Ehrman

“Get from the day, not thru the day.”

“You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You must do the thing which you think you cannot do." - Eleanor Roosevelt

“No passion so effectually robs the mind of all its powers of acting and reasoning as fear.”

“Greatness comes from living with purpose and passion.” - Cierra Tagura

“People too weak to follow their own dreams will often find ways to discourage you from following yours.”

“A man who dares to waste one hour of time has not discovered the value of life.” - Charles Darwin

“Life passes most people by while they’re making grand plans for it.” - George Jung

“All that we are is the result of what we have thought. The mind is everything. What we think, we become.” - Buddha

“All that is necessary to break the spell of inertial and frustration is this: Act as if it were impossible to fail. That is the talisman, the formula, the command of right-about-face which turns us from failure towards success” - Dorothea Brande

“Always ask yourself how something can be done rather than saying it can’t be done.”

“Attitudes are contagious. Is yours worth catching?”

“It’s easy to have faith in yourself and have discipline when you’re a winner, when you’re number one. What you got to have is faith and discipline when you’re losing.” - Vince Lombardi

“Our doubts are traitors, and make us lose the good we oft might win by fearing to attempt.” - William Shakespeare

“Our inner thoughts, beliefs, self-perceptions, and emotions can give us a lift for a positive outcome, or hold us back in complete inertia.” - P. McGraw

“Life is all about timing… the unreachable becomes reachable, the unavailable become available, the unattainable… attainable. Have the patience, wait it out It’s all about timing.” - Stacey Charter

“It is hard to fight an enemy who has outposts in your head”

“Victory is paid for in…sweat, courage and preparation…”

“All men die, but most men never live.”

“Since the beginning of time, man has largely been controlled by emotions, fear and greed. When a student of market action allows these emotions to influence his market response, he loses many opportunities in the market. The student must at all times resist these two emotions. Confidence and courage are required to overcome fear and greed. Courage is inborn. Confidence is gained by study, study and more study” - John Hill

“…It takes time for your routine and good habits to become automatic and natural. It can take weeks and months to see the eventual payoff. But, in the long run, comiitment and patience will pay off. Those who are persistent WILL see the payoff. There are few things more satisfying than becoming proficient in your chosen field or discipline, and knowing that the rewards of hard work and intensive study are there to be reaped. Whatever picture you put in your mind, you will be able to achieve!” - Linda Bradford Raschke

“The vision that you glorify in your mind, the ideal that you enthrone in your heart - this you will build your life by, this you will become.” - James Allen

“One great mistake the man makes who watches the ticker all the time is that he trades too often” - William D. Gann

“Mistakes are part of the dues one pays for a full life.” - Sophia Loren

“He who gains a victory over other men is strong; but he who gains a victory over himself is all powerful.” - Lao-Tse

“Many times the reading of a book has made the fortune of a man- has decided his way in life. To use books rightly is to go to them for help: to appeal to them when our knowledge and power fail; to be led by them into wider sight and clear conception of our own.” - Ralph Waldo Emerson

“Emotional well being fuels cognitive efficiency. We think best when we feel good.”

“Happiness is the meaning and purpose of life, the whole aim and end of human existence.” - Aristotle

“Many traders are shaken out of good trades when they aim to not lose, rather than aim to maximize profits.”

“Thinking positively or negatively about performance outcomes will interfere with the process of performing. When you focus on the doing, the outcomes take care of themselves.”

“Much of success consists of finding opportunity in adversity.”

“Self confidence is not expecting the best; It’s knowing deep inside that you can handle the worst.”

“I’ll do it, but only after you explain to me how you are going to fuck me.”

“When the power of love overcomes the love of power the world will know peace.” - Jimi Hendrix

“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” - Henry Ford

“The system wasn’t designed so that most people could beat it”

“The market can remain irrational longer than you can remain solvent” - John Maynard Keynes

“There are two things to aim at in life; first to get what you want, and after that to enjoy it. Only the wisest of mankind has achieved the second.” - Logan Smith

“If you don’t know where you are going, you’ll end up someplace else.” - Yogi Berra

“A Chart will never lie to you. The trick is not lying to yourself about what you see in it.” - @TheEquilibrium

“The most difficult subjects can be explained to the most slow - witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he has firmly persuaded that he know already, without a shadow of doubt, what is laid before him.” - Leo Tolstoy

“Enthusiasm is one of the most powerful engines of success. When you do something, do it with all your might. Put your whole soul into it. Stamp it with your own personality. Be active, be energetic, be enthusiastic and faithful, and you will accomplish your objective. Nothing great was ever achieved without enthusiasm.” - Ralph Waldo Emerson

“Dream it. Believe it. And then work your ass off for it.”

“The only thing that I see that is distinctly different about me is I’m not afraid to die on a treadmill. I will not be out-worked, period. You might have more talent than me, you might be smarter than me, you might be sexier than me, you might be all of those things you got it on me in nine categories. But if we get on the treadmill together, there’s two things: You’re getting off first, or I’m going to die. It’s really that simple, right? You’re not going to out-work me. It’s such a simple, basic concept. The guy who is willing to hustle the most is going to be the guy that just gets that loose ball. The majority of people who aren’t getting the places they want or aren’t achieving the things that they want in this business is strictly based on hustle. It’s strictly based on being out-worked; it’s strictly based on missing crucial opportunities. I say all the time if you stay ready, you ain’t gotta get ready.” - Will Smith

“A man’s doubts and fears are his worst enemy.”

“Simplicity is the Ultimate Sophistication.” - Leonardo Da Vinci

“If you always do what you’ve always done, you’ll always get what you’ve always got.”

“Wake up with a smile and go after life…Live it, enjoy it, taste it, smell it, feel it…”

“Sure, I fought. I had to fight all my life just to survive. They were all against me. Tried every dirty trick to cut me down, but I beat the bastards and left them in the ditch.”

“The important lesson to understand is that persistence is more important than knowledge. Knowledge can be obtained, but nothing great comes to those who quit.”

“Consider how hard it is to change yourself and you’ll understand what little chance you have in trying to change others.”

“You have enemies? Good. That means you’ve stood up for something, sometime in your life.” - Winston Chruchill

“People do not differ in their desire to win; they differ in the price they are willing to pay to win.

To be successful you have to know the secret of L.I.F.E. – Listen, Intensity, Focus, and Enthusiasm.
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“When I was young I thought money was the most important thing in life. Now that I’m old—I know it is.”- Oscar Wilde

“Forgive your enemies, but never forget their names.” - John F. Kennedy

"Efforts and courage are not enough without purpose and direction.” - John F. Kennedy

“Character cannot be developed in ease and quiet. Only through experiences of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved.” - Helen Keller

“Discipline is the bridge between goals and accomplishment.”

“First ask yourself: What is the worst that can happen? Then prepare to accept it. Then proceed to improve on the worst.” - Dale Carnegie

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” - George Soros

"Don't be a hero. Don't have an ego." -Paul Tudor Jones

“Never forget what a man says to you when he is angry.” - Henry Ward Beecher

“One who fears failure limits his activities. Failure is only the opportunity to more intelligently begin again.” - Henry Ford