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Trading related one-liners
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Trading related one-liners

  #71 (permalink)
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lking View Post
focus on how well you trade but not how much you loss or make.i heard this from bigmike.thank you.

But...if you trade well you make money, right?? (this is a reply, not a one-liner)

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  #72 (permalink)
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You don't have to make a lot of money to make a lot of money.

"You don't need a weatherman to know which way the wind blows..."
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The following user says Thank You to jstnbrg for this post:
 
  #73 (permalink)
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Think it, do it.

"You don't need a weatherman to know which way the wind blows..."
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  #74 (permalink)
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If it's a good buy at ten, it's a good buy at two...

Good bye house.
Good bye car.
Good bye wife.

"You don't need a weatherman to know which way the wind blows..."
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  #75 (permalink)
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The correct approach for the individual trader is to trade on what you see, not on what you think." Chick Goslin - Trading Day By Day

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  #76 (permalink)
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The market is never "wrong".

I don't know who said it first though. There is more I've taken from the link below
in case any newbie might not understand the meaning.

The last thing inside you that is directly linked with your profit is being honest. If a system it just doesn't work, you should be honest and admit it. The market is never wrong...the market is always right, no matter what. It might be irrational, it might be illogical you could get up from your trading chair one day and say ... It doesn't make sense.. Yes, the market often doesn't make sense, but it is right. And if you don't make a profit, your system is wrong, not the market.



forex trading success
===========================================================================

Take what the market gives you.

In other words, even if you do everything perfectly, your profits on a given day/week
might not be as big as a given day/week in the past. This may be due to a lower volatility
of the ES (if you're just trading that) or for perhaps some other reason.

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  #77 (permalink)
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Said in varied ways:


Price is the only truth in the market, anything else is a lie.

Pure price action is the only truth in the market.

The only truth we know in the market is the price.

The only truth in the market is the current price.

The only truth on a price chart is the price itself.

In the market it pays to remember that the price is the only truth.

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  #78 (permalink)
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Big Mike View Post
Yes, trading related only.

If you have general stuff, you can post it in off-topic section or in the "futures.io (formerly BMT) twitter" thread.

Mike

Hi Mike

I posted this below (and you replied with the above):

So are we still (ideally) suppose to post about trading only?

I don't know if I really have an opinion or not, but trading encompasses
many subjects. I don't have a complete list off the top, but,

money
chance
fear
pride
greed


I've noticed that the trading related one-liners that pop up are not always
trading related. This one below is interesting but can also apply to investing.


" With this uncertainty, everyone I talk to is in two positions: cash and fetal "

This one is pretty generic:

" People who know get paid by people who don't "

Have your criteria changed? I guess that many things can apply to trading
directly, and many, like risk, fear, pride, can also apply, however only indirectly.

- Stephen

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  #79 (permalink)
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For this thread the posts need to be related to trading. Investing is close enough. Yes, many things apply.

Mike

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  #80 (permalink)
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Big Mike View Post
For this thread the posts need to be related to trading. Investing is close enough. Yes, many things apply.

Mike


???


“Man cannot discover new oceans unless he has the courage to lose sight of the shore.” - Andre Gide

“Take calculated risks. That is quite different from being rash.” - General George S. Patton

“Yes, risk taking is inherently failure-prone. Otherwise, it would be called sure-thing-taking.” - Jim McMahon

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