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Trading related one-liners
Started: by Big Mike Views / Replies:61,971 / 358
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Trading related one-liners

  #111 (permalink)
Membership Temporarily Revoked
us
 
Futures Experience: Intermediate
Platform: nt,ts
 
Posts: 45 since Dec 2010
Thanks: 60 given, 28 received

always have some Gas-x available when daytrading...alot of sitting involved.

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  #112 (permalink)
Trading for Fun
BC, Canada
 
Futures Experience: Beginner
Platform: TWS, QuoteTracker
Favorite Futures: CL, ES
 
TriggerShy's Avatar
 
Posts: 81 since Feb 2011
Thanks: 116 given, 126 received

As I recently stated in my journal, I read somewhere (can't remember in which book) that:

"A trader who gets upset at losses is like a surgeon who faints at the sight of blood."




So everyday I remind myself that losses are just an operational cost of this business --maybe one day this will sink in to my unconscious thoughts.

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  #113 (permalink)
Elite Member
Northern Germany
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: FDAX, CL
 
vvhg's Avatar
 
Posts: 1,583 since Mar 2011
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Nec spe, nec metu.
(Neither hope nor fear.) I think it sums up quite a lot of the psychological side of trading. Hence my signature.

Hic Rhodos, hic salta.
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  #114 (permalink)
Elite Member
Netherlands
 
Futures Experience: Advanced
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Posts: 196 since Sep 2010
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Kill or be killed

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  #115 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
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Futures Edge on FIO
The moment you want to quit, the market shows you a real winner. One you didn't take.

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  #116 (permalink)
Elite Member
Duluth, Minnesota, United Stat
 
Futures Experience: Intermediate
Platform: Open Ecry
Favorite Futures: ES, NQ
 
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Posts: 271 since Aug 2010
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I didn't fail the test, I just found 100 ways to do it wrong.
Benjamin Franklin



You can get help from teachers, but you are going to have to learn a lot by yourself, sitting alone in a room.
Dr. Seuss
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  #117 (permalink)
Elite Member
Duluth, Minnesota, United Stat
 
Futures Experience: Intermediate
Platform: Open Ecry
Favorite Futures: ES, NQ
 
JEHs's Avatar
 
Posts: 271 since Aug 2010
Thanks: 320 given, 415 received

Fear defeats more people than any other one thing in the world.
Ralph Waldo Emerson



You can get help from teachers, but you are going to have to learn a lot by yourself, sitting alone in a room.
Dr. Seuss
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  #118 (permalink)
Elite Member
Massachusetts (USA)
 
Futures Experience: None
Platform: NinjaTrader
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stephenszpak's Avatar
 
Posts: 778 since Jun 2009
Thanks: 144 given, 358 received

This is already up:

" After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting "

Which is much like:

Don't just do something. Stand there.

That is, don't cut your winners short, because you're going to
need them to pay for your losers. (Of course some traders do just
fine setting profit targets.)

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  #119 (permalink)
Elite Member
Netherlands
 
Futures Experience: Advanced
Platform: none
Favorite Futures: Stocks
 
Ryanb's Avatar
 
Posts: 196 since Sep 2010
Thanks: 117 given, 351 received

"The secret is that there is no secret"

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  #120 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
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A wise trader once told me going against the trend is like trying swim upstream in a fast moving river... its kinda pointless.

SD

nosce te ipsum

You make your own opportunities in life.
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