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Trading psychology

The 235 Best Trading Quotes Of All Time

Discover the best trading quotes from the most inspiring traders of all time. Trading quotes let you get into the best traders’ brain so you can level up your trading.
In this article, you’ll find all the best knowledge every trader should have read at least once!

What you'll discover in this article ++ show ++

Trading quotes from famous Twitter traders

Rising tide lifts all boats over the wall of worry and exposes bears swimming naked.

@StockCats

The trend is your friend – until it stabs you in the back with a chopstick.

@StockCats

Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.

@SunriseTrader

You’re going to learn a million things, then you need to forget them all and focus on one.

@SunriseTrader

Adam Grimes

You can lose your opinion of you can lose your money.

Adam Grimes

Adam Harris

The key is to develop a case where the probabilities of the market going in your favour is greater than it going against you.

Adam Harris

Albert Einstein’s quotes can apply to trading

It’s not that I’m so smart; it’s just that I stay with problems longer.

Albert Einstein

Alexander Elder

Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets.

Alexander Elder

The goal of a successful trader is to make the best trades. Money is secondary.

Alexander Elder

You can be free. You can live and work anywhere in the world. And you can be independent from routine and not answer to anybody.

Alexander Elder

You have to identify your weaknesses and work to change. Keep a trading diary – write down your reasons for entering and exiting every trade. Look for repetitive patterns of success and failure.

Alexander Elder

Andreas Clenow

Beware of trading quotes.

Andreas Clenow

Anne-Marie Beiynd

It is always the best discretion to let the market show us where it is going and just simply follow (this would be prudent), rather than predict where the market is going and place a position (this would be gambling).

Anne-Marie Beiynd

Some quotes from Anthony Hopkins to apply to your trading

We are dying from overthinking. We are slowly killing ourselves by thinking about everything. Think. Think. And think. You can never trust the human mind anyway. It’s a death trap.

Anthony Hopkins

Some quotes from Anthony Robbins to apply to your trading

It’s not what we do once in a while that shapes our lives. It’s what we do consistently.

Anthony Robbins

Arthur Zeikel

Stock price movements actually begin to reflect new developments before it is generally recognized that they have taken place.

Arthur Zeikel

Babe Ruth

It’s hard to beat a person who never gives up.

Babe Ruth

Benjamin Franklin quotes you can apply to your trading

An investment in knowledge pays the best interest.

Benjamin Franklin

Benjamin Graham

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

Benjamin Graham

Bernard Baruch

In trading/investing, it’s not about how much you make but rather how much you don’t lose.

Bernard Baruch

Bill Lipschutz

If a trader is motivated by the money, then it is the wrong reason. A truly successful trader has got to be involved and into the trading, the money is the side issue… The principal motivation is not the trappings of success. It’s usually the by-product – simply stated, “the game’s the thing”.

Bill Lipschutz

If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.

Bill Lipschutz

Brett Steenbarger

The core problem, however, is the need to fit markets into a style of trading rather than finding ways to trade that fit with market behavior.

Brett Steenbarger

Bruce Kovner

I know where I’m getting out before I get in.

Bruce Kovner

If you personalise losses, you can’t trade.

Bruce Kovner

Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.

Bruce Kovner

My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should be taking 1 to 2 percent risks.

Bruce Kovner

Best Charlie Munger’s trading quotes

I don’t think you can get to be a really good investor over a broad range without doing a massive amount of reading. I don’t think any one book will do it for you.

Charlie Munger

It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.

Charlie Munger

Christopher Isaac Stone

Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.

Christopher Isaac Stone

Chuck D.

Never let a win go to your head, or a loss to your heart.

Chuck D.

Confucius

It does not matter how slowly you go as long as you do not stop.

Confucius

David Sikhosana

Losses are necessary, as long as they are associated with a technique to help you learn from them.

David Sikhosana

Most people dont understand the process. They get frustrated by it. Dont Be. Focus

David Sikhosana

Doug Gregory

Trade What’s Happening… Not What You Think Is Gonna Happen.

Doug Gregory

Ed Seykota’s best trading quotes

Setting your stop properly is most of the job

Before I enter a trade, I set stops at a point which the chart sours.

Ed Seykota

Cut your losses. Cut your losses. And cut your losses. Then maybe you have a chance.

Ed Seykota

I set protective stops at the same time I enter a trade. I normally move these stops to lock in a profit as the trend continues.

Ed Seykota

If you can’t take a small loss, sooner or later you will take the mother of all losses.

Ed Seykota

In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell.

Ed Seykota

Handling risk is the key for longevity

Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up.

Ed Seykota

Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.

Ed Seykota

The elements of good trading are (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.

Ed Seykota

The trend is your friend until the end when it bends.

Ed Seykota

There are old traders and there are bold traders, but there are very few old, bold traders.

Ed Seykota

Trading systems don’t eliminate whipsaws. They just include them as part of the process.

Ed Seykota

Win or lose, everybody gets what they want from the market. Some people seem to like to lose, so they win by losing money.

Ed Seykota

Fred McAllen

You don’t make money by trading, you make it by sitting. It takes patience to wait for the trade to develop, for the opportunity to present itself. Let the market come to you, instead of chasing the market. Chart patterns are very accurate. They have proven their accuracy and predictability time and time again, but you have to wait for them to develop.

Fred McAllen

Gary Vaynerchuk

I hate how many people think, “glass-half-empty” when their glass is really four-fifths full. I’m grateful when I have one drop in the glass because I know exactly what to do with it.

Gary Vaynerchuk

Best trading quotes from George Soros

It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong.

George Soros

Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.

George Soros

Short term volatility is greatest at turning points and diminishes as a trend becomes established.

George Soros

Gerald M. Loeb

Accepting losses is the most important single investment device to ensure the safety of capital.

Gerald M. Loeb

Helen Gurley Brown

Money, if it does not bring you happiness, will at least help you be miserable in comfort.

Helen Gurley Brown

Henrique M. Simões

An average trader loses money, so in this profession, you need to be way above average to make consistent money trading the markets.

Henrique M. Simões

In order to win as a contrarian, you need perfect timing and the perfect size.

Henrique M. Simões

In trading, the impossible happens about twice a year.

Henrique M. Simões

The best traders have trading habits, daily routines they repeat day after day.

Henrique M. Simões

Henry Ford

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

Henry Ford

Ifan Wei

Patterns don’t work 100% of the time. But they are still critical because they help you define your risk. If you ignore patterns and focus on hunches, feelings, and hot tips, just forget about achieving consistency.

Ifan Wei

J.J. Evans

Take your profits or someone else will take them for you.

J.J. Evans

Jack Schwager’s best trading quotes

Amateurs think about how much money they can make. Professionals think about how much money they could lose.

Jack Schwager

Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions

Jack Schwager

The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless.

Jack Schwager

There are a million ways to make money in the markets. The irony is that they are all very difficult to find.

Jack Schwager

There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.

Jack Schwager

Jason Klatt

Sheer will and determination is no substitute for something that actually works.

Jason Klatt

Jaymin Shah

Don’t blindly follow someone, follow [the] market and try to hear what it is telling you.

Jaymin Shah

You never know what kind of setup [the] market will present to you, your objective should be to find an opportunity where risk-reward ratio is best.

Jaymin Shah

Jeff Cooper

Never confuse your position with your best interest. Many traders take a position in a stock and form an emotional attachment to it. They’ll start losing money, and instead of stopping themselves out, they’ll find brand new reasons to stay in. When in doubt, get out!”

Jeff Cooper

Jesse Livermore’s most interesting trading quotes

Don’t expect a steady pay check from trading

After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. I’ve known many [traders] who were right at exactly the right time, and began buying or selling stocks when prices were at the very level that should show the greatest profit. And their experience invariably matched mine; that is, they made no real money out of it. [Traders] who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make the big money.

Jesse Livermore

All through time, people have basically acted and reacted the same way in the market as a result of greed, fear, ignorance, and hope. That is why the numerical formations and patternsrecur on a constant basis. Over and over, with slight variations. Because markets are driven by humans and human nature never changes.

Jesse Livermore

Let the market be your guide

Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.

Jesse Livermore

I don’t buy long stocks on a scale down, I buy on scale-up.

Jesse Livermore

I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that.

Jesse Livermore

I trade my own information and follow my own methods.

Jesse Livermore

It was never my thinking that made the big money for me, it always was sitting.

Jesse Livermore

Markets are never wrong, but opinions often are.

Jesse Livermore

Money is made by sitting, not trading.

Jesse Livermore

The market is always right

Only the game, can teach you the game.

Jesse Livermore

Remember that stocks are never too high for you to begin buying or too low to begin selling.

Jesse Livermore

The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.

Jesse Livermore

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

Jesse Livermore

The obvious rarely happens, the unexpected constantly occurs.

Jesse Livermore

The reason for what a certain stock does today may not be known for two or three days, or weeks, or months. But what the dickens does that matter? Your business with the tape is now – not tomorrow! The reason can wait. But you must act instantly or be left.

Jesse Livermore

Good timing is important

There is a time to go long, a time to go short and a time to go fishing.

Jesse Livermore

There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.

Jesse Livermore

There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time.

Jesse Livermore

Trader has to reverse what you might call his natural impulses. Instead of hoping he must fear; instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.

Jesse Livermore

Watch the market leaders.

Jesse Livermore

Jim Cramer’s best trading quotes

Hope is bogus emotion that only costs you money.

Jim Cramer

Jim Paul

Speculating (and this includes investing and trading) is the only human endeavor in which what feels good is the right thing to do.

Jim Paul

Jim Rogers

I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.

Jim Rogers

Joe Granville

If it’s obvious, it’s obviously wrong.

Joe Granville

Joe Vidich

Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment.

Joe Vidich

Joel Greenblatt

As much as possible you don’t want to be well paid merely for taking big risks. Anyone can manage that. You want to be well-paid because you did your homework.

Joel Greenblatt

John Bogle

Time is your friend; impulse is your enemy.

John Bogle

Some great quotes from John Maynard Keynes you can apply to your trading

Markets can remain irrational longer than you can remain solvent.

John Maynard Keynes

Successful investing is anticipating the anticipations of others.

John Maynard Keynes

John Paulson

Those types of investments don’t come around very often.

John Paulson

Justin Mamis

Stocks are bought not in fear but in hope. They are typically sold out of fear.

Justin Mamis

Kurt Capra

If you want real insights that can make you more money, look at the scars running up and down your account statements. Stop doing what’s harming you, and your results will get better. It’s a mathematical certainty!

Kurt Capra

Larry Connors

I get real, real concerned when I see trading strategies with too many rules (you should too).

Larry Connors

Larry Hite

By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.

Larry Hite

Frankly, I don’t see markets; I see risks, rewards, and money.

Larry Hite

I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.

Larry Hite

If you don’t respect risk, eventually they’ll carry you out.

Larry Hite

Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.

Larry Hite

Linda Raschke

All you need is one pattern to make a living.

Linda Raschke

Mark Douglas

If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.

Mark Douglas

Why do you think unsuccessful traders are obsessed with market analysis? They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.

Mark Douglas

You create your own game in your mind based on your beliefs, intents, perception and rules.

Mark Douglas

Mark Harila

What’s the difference between a pro and an amateur? Professionals look for what’s wrong with a setup. Amateurs only look for what’s right.

Mark Harila

Martin Schwartz’s best trading quotes

A great trader is like a great athlete. You have to have natural skills, but you have to train yourself how to use them.

Martin Schwartz

A lot of people get so enmeshed in the markets that they lose their perspective. Working longer does not necessarily equate with working smarter. In fact, sometimes is the other way around.

Martin Schwartz

By living the philosophy that my winners are always in front of me, it is not so painful to take a loss.

Martin Schwartz

I always laugh at people who say, “I’ve never met a rich technician.” I love that! It’s such an arrogant, nonsensical response. I used fundamentals for nine years and got rich as a technician.

Martin Schwartz

I have learned through the years that after a good run of profits in the markets, it’s very important to take a few days off as a reward. The natural tendency is to keep pushing until the streak ends. But experience has taught me that a rest in the middle of the streak can often extend it.

Martin Schwartz

Learn to take losses. The most important thing in making money is not letting your losses get out of hand.

Martin Schwartz

My attitude is that I always want to be better prepared than someone I’m competing against. The way I prepare myself is by doing my work each night.

Martin Schwartz

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.

Martin Schwartz

Trading is a psychological game. Most people think they are playing against the market, but the market doesn´t care. You’re really playing against yourself.

Martin Schwartz

Martin Zweig

Don’t fight the Fed.

Martin Zweig

It’s OK to be wrong; it’s unforgivable to stay wrong.

Martin Zweig

Michael Carr

Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.

Michael Carr

Michael Covel

Trading is a waiting game. You sit, you wait, and you make a lot of money all at once. Profits come in bunches. The trick when going sideways between home runs is not to lose too much in between.

Michael Covel

Never, ever argue with your trading system.

Michael Covel

Michael Jordan

I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game’s winning shot and missed. I’ve failed over and over and over again in my life and that’s why I succeed.

Michael Jordan

Michael M. Lewis

The men on the trading floor may not have been to school, but they have Ph.D.’s in man’s ignorance.

Michael M. Lewis

Michael Marcus

Every trader has strengths and weakness. Some are good holders of winners but may hold their losers a little too long. Others may cut their winners a little short but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.

Michael Marcus

When in doubt, get out and get a good night’s sleep. I’ve done that lots of times and the next day everything was clear… While you are in [the position], you can’t think. When you get out, then you can think clearly again.

Michael Marcus

Michael Steinhardt

Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.

Michael Steinhardt

Monroe Trout

Some people make shoes. Some people make houses. We make money, and people are willing to pay us a lot to make money for them.

Monroe Trout

Some quotes from Nassim Nicholas Taleb traders can apply to their trading

I was convinced that I was totally incompetent in predicting market prices – but that others were generally incompetent also but did not know it, or did not know they were taking massive risks. Most traders were just “picking pennies in front of a steamroller,” exposing themselves to the high-impact rare event yet sleeping like babies, unaware of it.

Nassim Nicholas Taleb

There is a saying that bad traders divorce their spouse sooner than abandon their positions. Loyalty to ideas is not a good thing for traders, scientists – or anyone.

Nassim Nicholas Taleb

Nicolas Darvas

I believe in analysis and not forecasting.

Nicolas Darvas

Paul Samuelson

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Paul Samuelson

Paul Tudor Jones

5/1 risk/reward ratio allows you to have a hit rate of 20%. I can actually be a complete imbecile. I can be wrong 80% of the time and still not lose.

Paul Tudor Jones

Don’t focus on making money, focus on protecting what you have.

Paul Tudor Jones

Everyday I assume every position I have is wrong.

Paul Tudor Jones

I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have.

Paul Tudor Jones

Losers average losers.

Paul Tudor Jones

That cotton trade was almost the deal breaker for me. It was at that point that I said, ‘Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?

Paul Tudor Jones

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

Paul Tudor Jones

Trading is very competitive and you have to be able to handle getting your butt kicked.

Paul Tudor Jones

Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt. After a while size means nothing. It gets back to whether you’re making 100% rate of return on $10,000 or $100 million dollars. It doesn’t make any difference.

Paul Tudor Jones

Peter Bernstein

The fundamental law of investing is the uncertainty of the future.

Peter Bernstein

Peter Borish

We want to perceive ourselves as winners, but successful traders are always focusing on their losses.

Peter Borish

Peter Lynch

All the math you need in the stock market you get in the fourth grade.

Peter Lynch

In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.

Peter Lynch

Never invest in any idea you can’t illustrate with a crayon.

Peter Lynch

People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.

Peter Lynch

Philip Fisher

The only true test of whether a stock is “cheap” or “high” is not its current price in relation to some former price, no matter how accustomed we may have become to that former price, but whether the company’s fundamentals are significantly more or less favorable than the current financial-community appraisal of that stock.

Philip Fisher

The stock market is filled with individuals who know the price of everything, but the value of nothing.

Philip Fisher

Randy McKay

I’ll keep reducing my trading size as long as I’m losing… My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds.

Randy McKay

When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing well… If you stick around when the market is severely against you, sooner or later they are going to carry you out.

Randy McKay

Ray Dalio

In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep money.

Ray Dalio

Richard Branson

Do not be embarrassed by your failures, learn from them and start again.

Richard Branson

Richard Dennis

How much of a role does luck play in trading? In the long run, zero. Absolutely zero. I don’t think anybody winds up make money in this business because they started out lucky.

Richard Dennis

In the real world, it is not too wise to have your stop where everyone else has their stop.

Richard Dennis

Trade small because that’s when you are as bad as you are ever going to be. Learn from your mistakes.

Richard Dennis

Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.

Richard Dennis

You should expect the unexpected in this business; expect the extreme. Don’t think in terms of boundaries that limit what the market might do.

Richard Dennis

Richard Rhodes

Be patient. If a trade is missed, wait for a correction to occur before putting the trade on.

Richard Rhodes

Be patient. Once a trade is put on, allow it time to develop and give it time to create the profits you expect.

Richard Rhodes

Buy that which is showing strength – sell that which is showing weakness. The public continues to buy when prices have fallen. The professional buys because prices have rallied.

Richard Rhodes

In a bull market, one can only be long or on the sidelines. Remember, not having a position is a position.

Richard Rhodes

Market form their lows in quiet conditions.

Richard Rhodes

Markets form their tops in violence; the final 10% of the time of a bull run will usually encompass 50% or more of the price movement.

Richard Rhodes

When comparing various stocks within a group, buy only the strongest and sell the weakest.

Richard Rhodes

Rob Smith

Buy things that are going up. Sell things that are going down. And when they stop, get out!

Rob Smith

Robert Arnott

In investing, what is comfortable is rarely profitable.

Robert Arnott

Robert G. Allen

How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.

Robert G. Allen

Robert Rolih

Short-term trading is very time-consuming. That is why even “successful” short-term traders can easily have negative real ROI.

Robert Rolih

Sami Abusaad

Are you willing to lose money on a trade? If not, then don’t take it. You can only win if you’re not afraid to lose. And you can only do that if you truly accept the risks in front of you.

Sami Abusaad

Scott Redler

Trade the market in front of you, not the one you want!

Scott Redler

Traders need a daily routine that they love. If you don’t love it, you’re not gonna do it.

Scott Redler

Seneca

Two elements must be rooted out once and for all. The fear of future suffering, and the recollection of past suffering. Since the latter no longer concerns me, and the former concerns me not yet.

Seneca

Seth Klarman

In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.

Seth Klarman

The hard part is discipline, patience and judgement.

Seth Klarman

Sir John Templeton

Bull markets are born on pessimism, grow on skepticism, mature on optimism and die of euphoria.

Sir John Templeton

The four most dangerous words in investing are: This time it’s different.

Sir John Templeton

Steve Burns

There is a huge difference between a good trade and good trading.

Steve Burns

Steve Clark

Do more of what works and less of what doesn’t.

Steve Clark

Sun Tzu

He who knows when he can fight and when he cannot, will be victorious.

Sun Tzu

The Buddha

When faced with all the ups and downs of life, still the mind remains unshaken, not lamenting, not generating defilements, always feeling secure; this is the greatest happiness.

The Buddha

Thomas Busby

I have been trading for decades and I am still standing. I have seen a lot of traders come and go. They have a system or a program that works in some specific environments and fails in others. In contrast, my strategy is dynamic and ever-evolving. I constantly learn and change.

Thomas Busby

Tom Baldwin

The best traders have no ego. You have to swallow your pride and get out of the losses.

Tom Baldwin

Tom Basso

I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.

Tom Basso

Tom Dante

If you want to be a ledge… Find your edge…

Tom Dante

Tony Saliba

I always define my risk, and I don’t have to worry about it.

Tony Saliba

Some trading quotes have (known) sources

Bulls make money, bears make money, pigs get slaughtered.

Unknown

In trading, everything works sometimes and nothing works always.

Unknown

Markets change their behavior faster than people can change their minds… That is why intraday trading is so difficult.’

Unknown

One day does not make a trend.

Unknown

Sometimes the best trade is no trade.

Unknown

You don’t need to trade often. If you can catch one or two moves to the targets during the day with good size, you can make a good living and keep trading costs down.’

Unknown

If you happen to know where these trading quotes are from, feel free to email us.

Van K. Tharp

A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.

Van K. Tharp

Victor Sperandeo

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.

Victor Sperandeo

Warren Buffett has some very important trading quotes

Trading is all about patience

Don’t test the depth of the river with both your feet while taking the risk.

Warren Buffett

For investors as a whole, returns decrease as motion increases.

Warren Buffett

I’ll tell you how to become rich: close all doors, beware when others are greedy and be greedy when others are afraid.

Warren Buffett

Invest in yourself as much as you can; you are your own biggest asset by far.

Warren Buffett

And trading is all about managing risk

Investing in yourself is the best thing you can do, and as a part of investing in yourself; you should learn more about money management.

Warren Buffett

It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently.

Warren Buffett

It’s much better to buy a wonderful company at a fair price than a suitable company at a wonderful price.

Warren Buffett

Look at market fluctuations as your friend rather than your enemy.

Warren Buffett

Opportunities come infrequently. When it rains gold put out a bucket not a thimble.

Warren Buffett

Profit from folly, rather than participate in it.

Warren Buffett

Successful investing takes time, discipline and patience.

Warren Buffett

The market is a device for transferring money from the impatient to the patient.

Warren Buffett

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

Warren Buffett

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Warren Buffett

When it’s raining gold, reach for a bucket, not a thimble.

Warren Buffett

You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.

Warren Buffett

You need to know very well when to move away, or give up the loss, and not allow the anxiety to trick you into trying again.

Warren Buffett

William Feather’s best trading quotes

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

William Feather

William James

The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind.

William James

William O’Neil

Letting losses run is the most serious mistake made by most investors.

William O’Neil

The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you’re wrong.

William O’Neil

What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.

William O’Neil

Yvan Byeajee trading quotes

Trading tests you

Confidence is not “I will profit on this trade”. Confidence is “I will be fine if I don’t profit from this trade”.

Yvan Byeajee

Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.

Yvan Byeajee

Focus, patience, wise discernment, non-attachment – the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.

Yvan Byeajee

In order to succeed, you first have to be willing to experience failure.

Yvan Byeajee

Reaching any goal in trading requires specific domain knowledge and technical skills. But then, after that, it’s all mindset management. Yet most people ignore that —they automatically think they have that last part all figured out, and it’s a mistake.

Yvan Byeajee

The expectation that you bring with you in trading is often the greatest obstacle you will encounter.

Yvan Byeajee

The mind is a fascinating instrument that can make or break you.

Yvan Byeajee

The process by which one accumulates money is so simple, yet so hard to implement for most.

Yvan Byeajee

There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.

Yvan Byeajee

Trading is a great school

Trading doesn’t just reveal your character, it also builds it if you stay in the game long enough.

Yvan Byeajee

Trading effectively is about assessing probabilities, not certainties.

Yvan Byeajee

Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.

Yvan Byeajee

You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.

Yvan Byeajee

The question should not be how much I will profit on this trade! The true question is; will I be fine if I don’t profit from this trade.

Yvan Byeajee

What are you favorite trading quotes?
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