The Best Trading Proverbs

A trading plan is just words until you act on it.

 

There are no secrets to success in Forex business. It is the result of patience, persistence, hard work, and learning from failure.

 

This proverb is meant for brokers especially. You see, making profits in business comes from repeat customers, customers that boast about your excellent service, and that bring friends with them. Remember, if you don't deal honestly with traders in this Forex business, you will be driven out of business.
Think about it.

 

In the world of Forex business, every successful trader is paid in two coins: cash and experience. For newbies who want to be successful, take the experience first; the cash will come later.

 

It is only natural to quit Forex when you lose money trading. But i want you to know that effort only fully releases its reward after a person refuses to quit.

 

When the gray matter between your ears let's you down - take the dog out for a walk. He won't mind.

 

Your habits are easily formed but be aware they are hard to pay for.

 

If you understand and accept risk, you will never risk too much again.

 

Move on, understand what happened in the past but do not have an emotional attachment to it.

 

"Market prediction is the last refuge of the incompetent"
-Marty Whitman