Trading Maxims/Quotes

Discussion in 'Psychology' started by Commisso, Jan 1, 2002.

  1. mbt3

    mbt3

    "In being empty one has let go of the extremes of being and non-being. Thus it is both the center itself and the central path.
    Emptiness is the track on which the centered person moves"
    by Tsongkhapa

    mbt3
     
    #261     Mar 1, 2002
  2. Commisso

    Commisso Guest

    "If losing is equated with failure, the battle of confidence cannot be won. Your motto should always be, "Win or lose, another step foward" You can find success in a losing effort when you establish clear performance goals prior to the match. You have the potential to learn much more from a loss than a victory. When you set your goals properly, your confidence can grow, independent of your matches outcome."
    James Loehr --- The Mental Game: Winning at Pressure Tennis
     
    #263     Mar 2, 2002
  3. Magna

    Magna Administrator

    "If you feel too good when things are going well, then inevitably you will feel too bad when they are going poorly."

    Richard Dennis
     
    #264     Mar 2, 2002
  4. Magna

    Magna Administrator

    "I don't think it makes any more sense trying to understand the stock market than trying to understand music. A lot of people would rather understand the market than make money."

    Ed Seykota
     
    #265     Mar 2, 2002
  5. Magna

    Magna Administrator

    "The markets are always changing, and they are always the same...It's never different this time."

    Jack Schwager
     
    #266     Mar 2, 2002
  6. Magna

    Magna Administrator

    "I try to assume that the guy on the other side of a trade knows at least as much as I do."

    Michael Steinhardt
     
    #267     Mar 2, 2002
  7. Magna

    Magna Administrator

    "When the pupil is ready, the teacher appears."

    unknown
     
    #268     Mar 2, 2002
  8. Magna

    Magna Administrator

    "If you don't stay with your winners, you are not going to be able to pay for the losers."

    Michael Marcus
     
    #269     Mar 2, 2002
  9. Magna

    Magna Administrator

    "Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on."

    Bill Lipschutz
     
    #270     Mar 2, 2002