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Trading Quotes

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Jan 06, 2011 11:44 am
#1
paradise User

Posts: 75
Member since: 01/12/2010

It would be good to have a thread with trading quotes. I believe they are very important for trading psychology. I encourage everybody to post his best quote or best quoteS so we can profit all from it.

I will start with one for Jesse Livermore. I am a fan of this trader!

”the only way you get a real education in the market is to invest cash, track your trade, and study your mistakes…It is emotionally difficult to review your mistakes, since the speculator must wade through his own bad trades and blunders. And these are not simple blunders; these are blunders that cost money. Anyone who has lost money by investing poorly knows how difficult it is to reexamine what occurred. The examination of a losing trade is tortuous but necessary to ensure that it will not happen again.”


Well I guess Jesse Livermore would have loved FXSTAT!!!!!

Jan 09, 2011 10:13 am
paradise User

Posts: 75
Member since: 01/12/2010

"If you dont know what you are doing, doing nothing is better than doing you know what" - Trader Jack


Jan 09, 2011 10:14 am
paradise User

Posts: 75
Member since: 01/12/2010

I guess this the most known quote...

"Trade what you see, Not what you think"


Jan 09, 2011 01:30 pm
forexing User

Posts: 21
Member since: 09/01/2011

"If you're going to panic, panic early."

Jan 13, 2011 07:18 pm
paradise User

Posts: 75
Member since: 01/12/2010

The game taught me the game. And it didn’t spare me rod while teaching. Jesse Livermore


Jan 18, 2011 08:47 am
paradise User

Posts: 75
Member since: 01/12/2010

"The opportunity of a lifetime must be seized during the lifetime of the opportunity." -Leonard Ravenhill


Jan 23, 2011 12:09 pm
forexing User

Posts: 21
Member since: 09/01/2011

"Laziness is a secret ingredient that goes into failure. But it's only kept a secret from the person who fails." Robert Half

May 09, 2011 05:24 am
mimi10 User

Posts: 4
Member since: 09/05/2011

"Borrow money from a pessimist, they don't expect it back" [devil]

May 09, 2011 05:31 am
benten10 User

Posts: 6
Member since: 09/05/2011

If at first you don't succeed, destroy all evidence that you tried!

May 09, 2011 09:25 am
vanfranz05 User

Posts: 6
Member since: 09/05/2011

The best trading method is to take advantage of the crowd's greed and fear.

One must be able to read the current level of market's hidden energy to be a master trader.

A low risk high return trade is the trade that aligns with fundamental and is opposite the current market emotion.

-----Jimmy Chow

May 14, 2011 01:51 pm
illiterate User

Posts: 561
Member since: 21/04/2011

amateurs focus on how much they can win, professionals focus on how much they can lose. Professionals take money from amateurs

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

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