He feels totally responsible for whatever happens and thus can learn from mistakes. “A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He is known for his “box theory” of technical analysis. “I believe in analysis and not forecasting.”īackground on Nicolas Darvas: A dancer by training, but he taught himself to trade and made $2 million in the stock market. In fact, sometimes is the other way around.”īackground on Martin Schwartz: He is probably best known for winning the U.S. Working longer does not necessarily equate with working smarter. “A lot of people get so enmeshed in the markets that they lose their perspective. Yes, even better than A Tale of Two Cities. That's also possibly the best opening of a book…ever. He worked as a psychiatrist in New York City and taught at Columbia University.” At 23, while working as a ship's doctor, he jumped a Soviet ship in Africa and received political asylum in the United States. Elder was born in Leningrad and grew up in Estonia, where he entered medical school at the age of 16. You can be independent from routine and not answer to anybody.”īackground on Alexander Elder: From his website… You can live and work anywhere in the world. One of his biggest mentors was Ed Seykota. As long as you stick to your own style, you get the good and bad in your own approach.”īackground on Michael Marcus: He is primarily known for turning $700 into $80 million and was featured in the Market Wizards book. Others may cut their winners a little short, but are quick to take their losses. Some are good holders of winners, but may hold their losers a little too long. “Every trader has strengths and weakness.
Then I hope you go create some quotes of your own… My Favorite Trading Quotes 1. Which one of these trading quotes is your favorite? If you like this list of trading quotes, feel free to share it on Twitter by clicking below. RELATED: The Best Trading Psychology Books of All-Time
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