Good Trading Quotable Quotes

'What lies behind us and what lies before us are small matters compared to what lies within us'

 

The fight then began. I tried to get behind him because I could only shoot in the direction I was flying.

At the time I did not have the conviction I have now that "he must fall," but, rather, I was much more anxious to see if he would fall, and that is a significant difference. . . .

Baron Manfred von Richthofen, the Red Baron

 

Always keep in mind that the person who takes your trade thinks you are wrong.

 

"I change when the facts change, flexibility is key"

Taken from The Detached Trader website

 

In trading:
"you don't need to know what's going to happen next to make money"

Mark Douglas in "Trading in the Zone"

 

What about key stroke errors?

LOL

"Whenever one find themself on the side of the majority, its time to stand back and reflect" Mark Twain.

 

But it sure helps

 

Good trading is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake. The balance between confidence and humility is best learned through extensive experience and mistakes. There should always be respect for the person on the other side of the trade. Always ask yourself: Why does he want to sell? What does he know that I don't? All great traders are seekers of truth. The markets are always changing, and the successful trader needs to adapt to these changes.

Michael Steinhardt

 

"$5 flat per rountrip!!!"

-- Most futures brokers at the NY Traders Expo, no matter what the question was.