Great traders do their best work when they are not trading; unsuccessful traders do not work when they are not trading. – Dr. Brett Steenbarger Embed This Image In Your Site (copy code below): Brett Steenbarger on Work by DaytradingBias.com
Getting excited by gains in a trade is the first step toward getting panicky when those gains are threatened. – Dr. Brett Steenbarger Embed This Image In Your Site (copy code below): Brett Steenbarger on Excited by DaytradingBias.com
Don't be a hero. Don't have an ego. Always question yourself and your ability.
Don't ever feel that you are very good. The second you do, you are dead.
- Paul ...
If you really know what's going on, you don't even have to know what's going on to know what's going on... You can ignore the headlines because you anticipated them ...
Patience is the key to success not speed.
Time is a cunning speculator's best friend if he uses it right.
- Jesse Livermore
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
- Ray Dalio
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Successful investing is anticipating the anticipations of others.
- John Maynard Keynes
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The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
- Linda ...
Successful trading is about finding the rules that work and then sticking to those rules.
- William J. O’Neil
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Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralized, depressed, despondent, and ...
They trade too much. They don’t pick their spots selectively enough. When they see the market moving, they want to be in on the action. So, they end up forcing ...
Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
- Mark Minnervini
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