Quotes

6 motivational quotes for traders

№ 1. Find a job you like, and you don't have to work a single day in your life. © Confucius Old as the world, but damn true. Everyone has such acquaintances, who are happy or, at least, satisfied with their work. On the other hand, most people live on Friday night. It's worth adding here, what, despite, that many may like to trade for, say, couple of years, sooner or later it can turn into a routine. If you want to continue to "love" to trade, you have to find a way to get new trading experiences all the time, or, at least, have a good work-life balance.

Quotes about the exchange and trading(Gerchik)

It all depends on the time, which you enter, usually after 11, when liquidity leaves the market a little and there are no more big players on the market before 14.00, then this is really what happens ... the answer is one: you need to trade aggressively with 9.30-11.30 and than, somewhere with 14.30 and all the way….in the interim 11.30-14.30 you just need to look for potential customers (stock), to after 14.30, when the general direction of the market is determined, you were already in the stream… There is no market crisis, the worst for the market – it is the absence of LIQUIDITY AND VOLATILITY, and then, and there are other things on the market now. Before the exchange opens, you can make trades, sometimes for 2-3 hours before opening and after closing, no restrictions. All transactions are carried out on ecn. …Slanted lines work just as well, as well as horizontal, therefore they do not need to be discounted. It's just that horizontal lines work well within the day for identifying levels., but inclined and within the day, and on daily charts for the trend.

Aphorisms about the Exchange

There is no model, which would predict the direction of exchange rate movements much better, how can this be done by tossing a coin. What is the difference between a broker and a boxer? The first one is fixing bucks, second – boxing on fixes. Big money corrupts, Small – embittered. I want a lot, a lot, a lot of average money. There is nothing more bitter, than looking at a trader, which instead of, to, having a titmouse in weary hands, close in time and go to sleep, by the morning, the bitter tears of unfulfilled hopes are smeared on the sweaty face, looking at the crane, floating high in the sky towards the house, where Mr. J. Soros lives. Nothing builds trust between partners like that., how 100 % prepayment. According to our analysts, the situation in the stock market is stabilizing: uniform fall will become uniformly accelerated. Economists, making predictions, are divided into two classes: they, who don't know, what's going to happen, and they, who don't know, that they don't know it.

Golden words about the exchange

According to Buffett, long-term investors are needed for the overall health of financial markets, looking for long-term prospects and making appropriate investments. “The Warren Buffett Way”, Robert G. Hagstrom Jr.All professional players (alone – before, other – later, and still others – regularly) are experiencing total bankruptcy. The reason is – their ability to voluntarily put every last penny on the line, even if the odds of winning are dubious. “Stock speculator universities”, Viktor Niederhoffer The game of professional investing is unbearably boring and overly demanding for everyone, who is completely devoid of player instinct. Same, who is endowed with this instinct, forced to pay the appropriate price for their addiction. “Exchange – game for money”, Adam Smith

Warren Buffett's aphorisms

I always knew, that I will be rich, did not doubt it for a minute. Rule one: never lose money. Second rule: never forget rule one. Buy only that, what will you be glad to have, if the market closes for ten years. Never invest in a business, in which you don't understand anything. There are many different things, which I do not understand. But this is not a reason, to stay up at night. It just means, that the next day I will try myself in another business. This is what, what every investor should follow.

Quotes from the book "Memoirs of a Stock Market Speculator"

The tape needs to be responded to today, not tomorrow. Reasons can wait. And you must act immediately or stay away. But me, Unfortunately, brains were not always enough, to stick to your own rules of the game, that is, place bets only with complete confidence, that the market is ripe for me. But there are also Wall Street fools, who believe, that you should always trade. There is no man in the world, who would have the necessary information every day, to buy or sell stocks or to play your game reasonably and intelligently. The experience of defeat taught me that, what is worth attacking, only if you are sure, that you don't have to retreat. But I knew, how and why: I played all the time, regardless of the situation; because, when i couldn't play on my system, based on experience and calculation, I started to put blindly, naudaču. Instead of being sure to win, I fed on gambling hopes. The experience of incomplete victories is no less instructive, than the experience of defeat.

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