The Best Trading Proverbs

"The first rule of trading is, don't get caught in a situation in which you can lose great deal of money for reasons you don't understand."
- Bruce Kovner

 

Confucious said it best..."Every man loves the smell of his own trade."

 

"The greatest secret of success in life is for a man to be ready when his opportunity comes."

-Benjamin Disraeli

 

Even if you are on the right track, you'll get run over if you just sit there.

Will Rogers

 

“When you find yourself in a hole, quit digging.”
W Rogers

 

"TA doesn't work"

-marketsurfer

shorting in an uptrend surely works though

 

Left to themselves, things tend to go from bad to worse.

 

Don't let your emotion masters you, let you be the master of your emotion. Be a trader that is disciplined enough

 

Never short a dull market.

 

You can observe a lot by just watching.