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Tams

Favorite Trading Sayings / Quotes

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"It is not the strongest of the species that survives,

nor the most intelligent that survives.

It is the one that is the most adaptable to change."

- Charles Darwin.

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To paraphrase, "Trading is 95% perspiration and only 5% inspiration."

 

It kind of goes with: "The harder I work, the luckier I get."

 

 

I have also read...

 

95% of the work is before the order is entered.

 

 

 

edit: that means you can start dreaming as soon as you entered your order !

Edited by Tams

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Some obscure ones but very true

"its easy making money, the hard part is hanging onto it"

"Trading is simple its just not that easy"

"those who pick bottoms get smelly fingers"

 

the most expensive quote in the world

"this time its different"

 

lies, lies, lies,

"90% of options expire out of the money"

 

One I am sure every says.... "Doh"

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.

Focusing on the outcome of a single trade as if its outcome mattered, and evaluating each as good or bad,

demonstrates lack of faith in your trading plan. Indulging yourself in such trivial judgments is at best

a distraction from your ultimate goal as a trader - and that is to get your trading into the long run.

 

TrendDynamics

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Any intelligent fool can make things bigger and more complex... It takes a touch of genius - and a lot of courage to move in the opposite direction.

 

Albert Einstein

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Information is not knowledge.

 

Albert Einstein

 

Note, information is what people find in forums. Knowledge comes from experience (screen time) and asking the correct questions needed to be answered.

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It should be possible to explain the laws of physics to a barmaid.

 

Albert Einstein

 

Note, substitute the word Laws for "rules" and the word physics for "trading".

 

Personal note, to me, the ironic nature of people trying to build a profitable trading system is the fact, they don't even know the "rules" of the trading game to start with. So, how can they expect to be profitable?

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Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.

 

Albert Einstein

 

Personal note, as it pertains to trading, leave out the word "hope". A trader should know.

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Make everything as simple as possible, but not any simpler.

 

Albert Einstein

 

Note, translation for trading means, don't add what not required nor remove what's necessary.

 

Do you think Albert Einstein would use indicators such as MACD, VWAP, RSI, histogram or even volume..

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No problem can be solved from the same level of consciousness that created it.

 

Albert Einstein

 

Note, translation for trading. Take said problem to the "next level". Think outside the box. If what is written in trading books and seminars worked we would all be rich. Think, what type of system is Goldman Sachs utilizing to be profitable 89 out of 90 trading days.

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Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.

 

Albert Einstein

 

Personal note, even if someone devotes all of themselves to trading, it does not guarantee mastery of trading, unless that person knows the "rules" of trading first. Then, gets answers to the correct questions that needs to be answered thereafter.

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