Below is a list of trading quotes that have come in handy to me over the years.
Quotes from famous investors/traders:
If you want to have a better performance than the crowd, you must do things differently from the crowd. – John Templeton
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
Risk comes from not knowing what you’re doing. – Warren Buffett
Quotes from people that were said to me:
Rule #1 always be able to trade tomorrow. -Mentor
99% of traders fail, find a way to be in the 1%. -Said by my mentors’ mentor and repeated to me.
Keep personal and work life separate, one is usually in some turmoil. – Broker
If you cannot act in the best interest of your trading statement, you will fail. – Pit Trader
At times it is cheaper to buy a car than trade a “car”. – Pit Trader (“car” meaning lot/contract)
Some of the ones that I have said:
A chart lies by omission.
The “trend” is most profitable and riskiest for the ones that start it. In return, the market offers the trend starters, in an almost sacrificial way, the suckers (the last people in).
I try my hardest to break even psychologically after every trade and every day.
Learn as much from your losers as you do from your winners.
Need some more quotes, read 50+ famous quotes adapted to trading.
What are your favorites?
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