Here are some insightful and thought-provoking quotes on trading, gathered from renowned traders and market experts:
- Patience and Discipline: “I’ve never known a man who was good at making decisions or good at trading stock to be poor.” - Jesse Livermore
- Risk Management: “Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment.” - Joe Vidich
- Market Behavior: “Short-term volatility is greatest at turning points and diminishes as a trend becomes established.” - George Soros
- Trading Philosophy: “I used fundamentals for nine years and got rich as a technician.” - Martin Schwartz
- Emotional Control: “Are you willing to lose money on a trade? If not, then don’t take it. You can only win if you’re not afraid to lose.” - Sami Abusaad
- Market Analysis: “Do not anticipate and move without market confirmation - being a little late in your trade is your insurance that you are right or wrong.” - Jesse Livermore
- Trading Psychology: “I believe in analysis and not forecasting.” - Nicolas Darvas
- Adaptability: “The core problem, however, is the need to fit markets into a style of trading rather than finding ways to trade that fit with market behavior.” - Brett Steenbarger
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