a few from the old floor days..... just remember that you are replaceable - no one in the market really gives a shit if you are here or not (there are multiple versions of this) "never going down again in our life time" --- always used to hear this one when something was having a dead cat bounce "panic early or panic late, just dont panic all the time" "when in doubt get out" --- I have heard this from women describing men as well "when in doubt it stays out" "the first cut is the cheapest" "dont be a prick for a tic" - rare but good broker advice
Here are a few... "Plan a trade, trade a plan" "Courage is taking a loss when you should" "Sell when you can, not when you have to" "Trade what you see, not what you think"
%%%%%%%%%%%%%%%%%% That is one of the best;;trade with the ttrend, friend. Another good one, but people may hate you if you find fault with thier real estate,[especially if its home sweet home] when buying. Bad,, bad says the buyer,; then going his way, he boasts, Proverbs 20;14ASV. PS= LIke Joshua Lukeman says in Market Makers Edge book; when trading with the trend, that puts percentages in your [my] favor.......
"I can calculate the motion of heavenly bodies, but not the madness of people." -Sir Isaac Newton said the above after he lost 20k GBP in the South Seas bubble... He first sold his shares at 7k but as shares climbed re-entered...
20;15 There is gold, and abundance of rubies; But the lips of knowledge are a precious jewel ! That's interesting. What a noob! I bet he came back down to earth after that.
You never bet enough money on the horse that won. You can make a small fortune trading options. All you need is a large fortune to start with.
The market is what the market is. The market does not know if you are long or short and the market does not give a flying donkey's dick if you are long or short. Don't make emotionally-driven mistakes over something for which you have absolutely no control.
If it ain't going up don't buy it. corollary If it's going up don't sell it. I think it's mine but who ever really knows.
The market is a big whore, its out to fuck as many people as it can thats its job. trader from the documentary Floored