The Best Trading Proverbs

Discussion in 'Trading' started by JTrades, May 29, 2014.

  1. dealmaker

    dealmaker

    "Market collapses when the last short covers."
    -Larry McDonald
     
    #391     Aug 10, 2016
  2. It seems quite a number of meaningful/valuable trading proverbs from experienced traders who just didn't want to keep them as secrets within themselves!

    Why?
     
    #392     Aug 10, 2016
  3. monet

    monet

    Give, and it shall be given unto you
     
    #393     Aug 10, 2016
  4. dealmaker

    dealmaker

    Best way to validate that you have grasped a piece of information is to teach it to someone else. They are sharing their general philosophy with you not their strategy and tactics.
     
    #394     Aug 10, 2016
    OddTrader likes this.
  5. I agree...all The Greats...become teachers/mentors to someone, or the new generation -- it's the cycle, of life,
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    :)o_O -- what's a shame, is if you reach that age...and have nothing to share,
     
    #395     Aug 10, 2016
  6. GotherL

    GotherL

    Here's one gaining in popularity...

    Don't trust anyone on ST. Do your own DD!
     
    #396     Aug 10, 2016
  7. You must learn this one first before reading any others!

    "You shouldn't believe everything you read on the Internet" - Abraham Lincoln.
     
    Last edited: Aug 11, 2016
    #397     Aug 11, 2016
  8. qxr1011

    qxr1011

    It is naturally the semi-sucker who is always quoting the famous trading aphorisms and the various rules of the game. He knows all the dont's that ever fell from the oracular lips of the old-stagers excepting the principal one, which is: Don't be a sucker!

    Edwin Lefevre
     
    #398     Aug 11, 2016
  9. The markets can be seen like clockwork mechanism with loose parts, that only skillful technicians are able to fix. https://en.wikipedia.org/wiki/Clockwork


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    Charles Babbage's Difference Engine No.1, in Science Museum, London. The first computer.



    [​IMG]
     
    Last edited: Aug 11, 2016
    #399     Aug 11, 2016
  10. People who try to beat the market using leverage should remember that sometimes the beating goes the other way.
     
    #400     Aug 11, 2016