Trading Maxims/Quotes

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

  1. "Economic history is a never-ending series of episodes based on
    falsehoods and lies, not truths. It represents the path to big
    money. The object is to recognize that trend whose premise is
    false, ride that trend, and step off before it is discredited."

    -George Soros
     
    #451     Sep 13, 2002
  2. "Goals and contingencies, as I've said are important. But they exist only in the past and the future, beyond the pale of the sensory realm. Practice, the path of mastery, exists only in the present. You see it, hear it, smell it, feel it. To love the plateau is to love the eternal now, to enjoy the inevitable spurts of progress and the fruits of accomplishment, then serenely to accept the new plateau that waits just beyond them. To love the plateau is to love what is most essential and enduring in your life."

    George Leonard -- Mastery
     
    #452     Sep 13, 2002
  3. "It never was my thinking that
    made the big money for me. It always was my sitting.
    My sitting tight! Men who can both be
    right and sit tight are uncommon."

    -Jesse Livermore
     
    #453     Sep 13, 2002
  4. There is no use trying, said Alice; one can't believe impossible things. I dare say you haven't had much practice, said the Queen. When I was your age, I always did it for half an hour a day. Why, sometimes I've believed as many as six impossible things before breakfast.
    ~ Lewis Carroll ~
     
    #454     Sep 13, 2002
  5. "...I learned early on that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I've never forgotten that....The fact that I remember that way is my way of capitalizing experience."

    Reminiscences of a Stock Operator
    By Edwin LeFevre
     
    #455     Sep 13, 2002
  6. "Good judgment comes from experience. Experience comes from bad judgment."

    Mark Twain
     
    #456     Sep 13, 2002
  7. Time opens any door for he who waits.

    chinese proverb
     
    #457     Sep 13, 2002
  8. I'm glad my intuition doesn't always have to take the hassle of explaining itself."

    ~Darkhorse~
     
    #458     Sep 13, 2002
  9. "Markets are the same now as they were 5 or 10 years ago because they keep changing -- just like they did then..."

    Ed Seykota
     
    #459     Sep 13, 2002
  10. "Man's character is his fate." Heraclitus
     
    #460     Sep 13, 2002