The Best Trading Proverbs

Another good one for intraday traders... this one from The Matrix, kinda...

"Do not try and bend the trend, that's impossible. Instead, only try to realize the truth...there is no trend. Then you will see it is not the trend that bends, it is only yourself."

 

Since it me that is big on "trading well and fuck the results" - I surmise this directed at me - more or less

Cool..., let's apply a little common sense just to determine if you're proverb holds water


"It is all about the results"

Hmmm

Being that we're traders - our only result would be a PnL

So you think it best focusing on PnL..., while trading = good (proper) trading

And in another thread..., you said a 30% draw down was acceptable while you waited on price to return


All I'll say is; Hmmmm


RN

 

"Politics always trumps economics"
-Ben Hunt ( Salient Partners LP)

 

You can trade ripples or you can trade waves, either way, be prepared for the inevitable storm.

-JT

 

Wisdom is found in the head, except when the majority are wrong, then it is found in the tail.

-JT

 

Whether a system is random or complex is matter of perspective.

-JT

 

"Amateurs go broke taking large losses, professionals go broke taking small profits"
-Bill Eckhardt

 

"The four most dangerous words in investing are: 'this time it's different.'" Sir John Templeton

 

"He who sells what isn't his, must pay it back or go to prison"

Old Wall St. saying

 

O snail: Climb Mount Fuji,: But slowly, slowly!