The Best Trading Proverbs

The only way to have forsight is to have hindsight first.

 

Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.

 

“‘The trouble with market research is that people don’t think what they feel, they don’t say what they think, and they don’t do what they say.”
~ David Ogilvy

 

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That's one problem with people in the real life as well, what say?

 

1. "Letting your emotions override your plan or system is the biggest cause of failure."
2. "Some traders are born with an innate discipline. Most have to learn it the hard way."
3. "If you can't deal with emotion, get out of trading." Welles Wilder
4. What would you say belongs in a solid trading plan?
   https://elitetrader.com/et/threads/...solid-trading-plan.340340/page-4#post-5031706
   

 

"You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes."
“The whole government is a Ponzi scheme.”

- Bernard Madoff

 

INFO cannot substitute for thinking/Bernard Baruch -1870-1965

 

"Garbage In Garbage Out" Marshall McLuhan
Whose work is among the cornerstones of media theory.

 

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