The Best Trading Proverbs

Your trading statement is the receipt, not your spreadsheet.

 

Don't give up, get a day job too.

 

The more you mentally prepare and accept loss the less psychological capital it takes.

 

The only type of 'bottom picking' you should do is the kind that gives you a stinky finger.

 

In trading Forex, wins and losses are acceptable. You can't just be looking for the wins and, when the losses happen, you quit. We call that revenge trading. Successful traders Learn to take losses because no matter how good you are, You’re never going to get it right all the time.

 

A trader in Forex who has never lost is not yet a trader. But when it happens, move on, understand why happened but do not have an emotional attachment to it.

 

To the newbies, keep learning when it comes to Forex. The trading genius you know today was previously an idiot.

 

Do not invest what you cannot afford to lose. Do not risk more than you cannot look at positively later in life.

 

Fighting yourself is like robbing your own bank.

 

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