Quotes About Trading

Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty.

Biggest liars are being hired and invited in seminars as champion traders and featured as stock market wizard to fool investors

Timepass Buying and selling of shares in stock market is happening these days only amongst brokers and insiders because retail investors are hardly there as they have lost their interest despite seeing share price going up

Some gaps are caused because as the market approaches a level of support or resistance or a previous high or low, there will be an abnormally large number of stops just outside that area. When those stops get hit, it can cause a sharp move in the market, resulting in the gap.

Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.

The market is a very emotional place that appeals to fear and greed.

Carbon trading engages finance directors. It takes the issue of energy efficiency right to the top of the company.

A probabilistic mind-set pertaining to trading consists of five fundamental truths. 1. Anything can happen. 2. You don't need to know what is going to happen next in order to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique.

Most traders have absolutely no concept of what it means to be a risk-taker in the way a successful trader thinks about risk. The best traders not only take the risk, they have also learned to accept and embrace that risk. There is a huge psychological gap between assuming you are a risk-taker because you put on trades and fully accepting the risks inherent in each trade. When you fully accept the risks, it will have profound implications on your bottom-line performance.

When you learn the trading skill of risk acceptance, the market will not be able to generate information that you define or interpret as painful. If the information the market generates doesn't have the potential to cause you emotional pain, there's nothing to avoid. It is just information, telling you what the possibilities are. This is called an objective perspective—one that is not skewed or distorted by what you are afraid is going to happen or not happen.

The hard, cold reality of trading is that every trade has an uncertain outcome.

the typical trader wants to be right on every single trade. He is desperately

When you learn the trading skill of risk acceptance, the market will not be able to generate information that you define or interpret as painful.

The best traders aren't afraid. They aren't afraid because they have developed attitudes that give them the greatest degree of mental flexibility to flow in and out of trades based on what the market is telling them about the possibilities from its perspective. At the same time, the best traders have developed attitudes that prevent them from getting reckless.

Learning to accept the risk is a trading skill—the most important skill you can learn. Yet

However, market analysis is not the path to consistent results. It will not solve the trading problems created by lack of confidence, lack of discipline, or improper focus.

When you operate from the assumption that more or better analysis will create consistency, you will be driven to gather as many market variables as possible into your arsenal of trading tools. But what happens then? You are still disappointed and betrayed by the markets, time and again, because of something you didn't see or give enough consideration to.

Or you can learn how to redefine your trading activities in such a way that you truly accept the risk, and you're no longer afraid.

The winners have attained a mind-set—a unique set of attitudes—that allows them to remain disciplined, focused, and, above all, confident in spite of the adverse conditions. As a result, they are no longer susceptible to the common fears and trading errors that plague everyone else.

If you are unable to trade without the slightest bit of emotional discomfort (specifically, fear), then you have not learned how to accept the risks inherent in trading. This is a big problem, because to whatever degree you haven't accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully.

Learning to accept the risk is a trading skill—the most important skill you can learn.

I define random trading as poorly-planned trades or trades that are not planned at all. It is an unorganized approach that takes into consideration an unlimited set of market variables, which do not allow you to find out what works on a consistent basis and what does not.

This is a classic example of how we become susceptible to unstructured, random trading—because we want to avoid responsibility.

Why wouldn't someone want to win? It's really not a question of what someone wants, because I believe that all traders want to win. Yet, there are often conflicts about winning. Sometimes these conflicts are so powerful that we find our behavior is in direct conflict with what we want. These conflicts could stem from religious upbringing, work ethic or certain types of childhood trauma.