Famous Trading Quotes That Will Help Your Trading

Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.

To achieve satisfactory investment results is easier than most people realize; to achieve a superior result is harder than it looks.

To know values is to know the meaning of the market. And values, when applied to stocks, are determined in the end by dividend yield.

The most important organ in the body as far as in the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks.

Games are won by the players who focus on the playing field, not by those whose eyes are glued to the scoreboard.

Money is made by conservative trading rather than by the effort to get large profits by taking large risks.

 If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.

In this business, if you are good, you are right 6 times out of 10. You will never be right 9 times out of 10.

Blaming speculators as a response to the financial crisis goes back at least to the Greeks. It’s almost always the wrong response.

If investing is entertaining if you are having fun, you are probably not making any money. Good investing is boring.

Markets are constantly in a state of flux and uncertainty. Money is made by reducing the obvious and taking the risk of the unexpected.

Most investors want to do today what they should have done yesterday.

“In investing, what is comfortable is rarely profitable.” – Robert Arnott.

“Never, ever argue with your trading system.” – Michael Covel.

“The price of a commodity will never go to zero. When you invest in commodities futures, you are not buying a piece of paper that says you own an intangible of the company that can go bankrupt.” – Jim Rogers.

“It’s not always easy to do what’s not popular, but that’s where you make your money. Buy stocks that look bad to less careful investors, and hang on until their real value is recognized.” – John Neff.

“Each person has the intelligence and brainpower to chase the stock market. If you have done it through 5th standard Math, you can do it.”

“One of the hilarious things about the stock market is that every instance a person buys, another sells, and both think they are astute.”

It is better to hang out with people better than you. Select out friends whose deeds are better than yours, and you will drift in that direction.

“Are you willing to lose money on a trade? If not, then don’t take it. You can only win if you’re not afraid to lose. And you can only do that if you truly accept the risks in front of you.” – Sami Abusad.

“Trading is not for the dabblers, the dreamers, or the desperate. It requires, above all, one steadfast trait of dedication. So if you are going to trade, trade like you mean it.” – Rod Casilli.

“In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money.” – Ray Dalio.

“Foreign exchange or forex trading is a famous marketplace, so if you are looking for the best forex trading quotes, then you are in the perfect place where arrays of motivational quotes about forex trading are listed.”

“I’m only rich because I know when I’m wrong. I basically have survived by recognizing my mistakes.” – George Soros.

“When buying shares, ask yourself, would you buy the whole company?

“The purpose of trading is not being right, the purpose is to make money, and I think that’s my number-one rule. Don’t get hung up on your current positions.” – Dana Allen.

“Learn to take losses. The most important thing in making money is not letting your losses get out of hand.” – Marty Schwartz.

“Whatever method you used to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.” – Richard Dennis.

“The fundamental law of investing is the uncertainty of the future.” – Peter Bernstein.

“Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.”

“The difference between successful people and really successful people is that really successful person say no to almost everything.” – Warren Buffett

“99%+ of traders don’t care about Ferraris and yachts. They just want to pay their bills, save a little extra money, and sleep well at night. The only way to do that is to bat 70% or more. Anything less, and these goals are nothing more than fantasy.” – Mark Melnick.

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

“It was clear to me that other people could trade for a living, and if it was possible for other people to do it, then I could persevere long enough to figure it out.” – Rob Booker.

“The biggest risk is not taking a risk. In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg.

“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.

“Today, people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.” – Warren Buffett

“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.” – Warren Buffett.

“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

“”Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” – Warren Buffett.

“You only have to do very few things right in your life so long as you don’t do too many things wrong.”