“I know where I’m getting out before I get in.” – Bruce Kovner
“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” – Bill Lipschutz
“If you can learn to create a state of mind that is not affected by the market’s behavior, the struggle will cease to exist.” – Mark Douglas
“It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
"Why do you think unsuccessful traders are obsessed with market analysis? They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to create certainty where it just doesn’t exist.” – Mark Douglas
"Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.” – Larry Hite
“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
“Do more of what works and less of what doesn’t.” – Steve Clark
“In order to succeed, you first have to be willing to experience failure.” -Yvan Byeaje
“There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.” – Jack Schwager
“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” -Ed Seykota
“You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.” -Warren Buffet
“A lot of people get so enmeshed in the markets that they lose their perspective. Working longer does not necessarily equate with working smarter. In fact, sometimes is the other way around. -Martin Schwartz
“When you learn to let go of the need to be right, being wrong gradually lose its power to disturb you.” - Yvan Byeajee
Failure is just a matter of perception.
“If you personalize losses, you can't trade.” -Bruce Kovner
“The four most dangerous words in investing are: This time it's different.” -Sir John Templeton
“Everyday I assume every position I have is wrong.” – Paul Tudor Jones
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
“You can lose your opinion of you can lose your money.” – Adam Grimes
“Cut your losses. Cut your losses. Cut your losses. Then maybe you have a chance.” – Ed Seykota
“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”– Jim Rogers
“The market is a device for transferring money from the impatient to the patient.”- Warren Buffet
“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.” – Larry Hite
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse Livermore
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”- Yvan Byeajee
“There is a huge difference between a good trade and good trading.” – Steve Burns
“Never let a win go to your head, or a loss to your heart.” – Chuck D.
“Trade the market in front of you, not the one you want!” – Scott Redler
“In trading the impossible happens about twice a year.” – Henri M Simoes
“Trade What’s Happening…Not What You Think Is Gonna Happen.” – Doug Gregory