Quotes About Trading

Trading gives you an incredibly intense feeling of what life is all about.

The truth is that trading, both successful and unsuccessful, is more about psychology than tactics.

There are three main characteristics that describe the mental state of an individual forming a part of a crowd. As you will see, the same characteristics can also be exhibited by an individual making investment and trading decisions. 1. A Sentiment of Invincible Power

But when investing, trading, or speculating, if you're losing and stop acting, the losses don't stop; they can continue to grow almost indefinitely.

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

One of the oldest rules of trading is: If a market is hit with very bullish news and instead of going up, the market goes down, get out if you're long. An unexpected and opposite reaction means there is something seriously wrong with the position.

successful city trader. Which in some ways he was, when you came to think of it. The markets went up, they went down, and if you were smart you could control whichever way they moved. Winner takes all. It didn't matter whether you were a trader shifting shares in oil, or a gangster moving cocaine or heroin. The stakes were as high for both, and those with the biggest balls never, ever lost.

I was happy buying and selling gold in bars, as it is easier and profitable.

The financial world is at the cutting edge of high technology.

Trillions of dollars every day are being exchanged around the world in all of the financial markets.

I hate this argument that says little Britain or something outside, or Britain is part of a wider Europe. We can both be within our trading relationships within Europe but we can also be a fantastic global trader.

You know what term you don't hear anymore? Arbitrage. The markets have gotten too efficient.

There is in the world today a great and mysterious force that shapes the fortunes of millions of people. It is called the stock market.

Hamilton stole the moral high ground from opponents and established the legal and moral basis for securities trading in America: the notion that securities are freely transferable and that buyers assume all rights to profit or loss in transactions.

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.

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

This market right now is moving on nothing more than emotions. Guess what? It almost always moves on emotions.

Bulls make money. Bears make money. Pigs get slaughtered.

I've explained before the power psychology has on the markets.

I'm a free market person, a free trader. But if we had a market in California, there would be competition.

From now on, you need to treat trading on key support/resistance your second nature. It is the secret of all successful traders in the world.

Furthermore, trading with support/ resistance helps us to be patient.

trading on key support/ resistance as a MUST.

Your mission as a trader is to filter only the very best trade setups, which is what successful traders often do.