Quotable Quotes
Some very good quotes that I’ve come across in Techniques of Tape Reading which I completed reading recently:
-“This (Trading) is not a job where you get paid by the hour. You get paid for doing the right thing”
-“Forget that your money is at stake. Money in trading account is just a tool for making money. Preserve your tool. You need it to make money”
-“Don’t let the outcome of one trade alter your trading discipline. One trade doesn’t make a system…”
-“Trading is a game of probabilities. You don’t have to be right every time. You just have to follow your rules”
-“You decide your fate; the market doesn’t”
-“Pure followers of stock pickers will never be around…Learn or you are bankrupt”
-“Be aggressive in trending market and conservative in choppy market”
“Take home runs when you can, but don’t beat yourself up about missing a few. One trade should never make or break your account”
-“This (Trading) is not a job where you get paid by the hour. You get paid for doing the right thing”
-“Forget that your money is at stake. Money in trading account is just a tool for making money. Preserve your tool. You need it to make money”
-“Don’t let the outcome of one trade alter your trading discipline. One trade doesn’t make a system…”
-“Trading is a game of probabilities. You don’t have to be right every time. You just have to follow your rules”
-“You decide your fate; the market doesn’t”
-“Pure followers of stock pickers will never be around…Learn or you are bankrupt”
-“Be aggressive in trending market and conservative in choppy market”
“Take home runs when you can, but don’t beat yourself up about missing a few. One trade should never make or break your account”
posted by Simply Options Trader at 5:58 PM PERMALINK
3 Comments:
Great quotes, SOT!
Thanks for sharing them. :)
Cheers,
OTB
Hi STO :
Thanks for taking the time to put up these valuable quotable quotes.
In fact, some of these golden nuggets brought back some sad memories of my trading account when I didn't realize the severity of not practicing them :)
Yours Truly,
Tony Chai
http://options4u.blogspot.com
Hi Tony,
These are some of my personal fave quote as well and indeed many of us are guilty of breaking the rules until we learn the lesson :)
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