Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt. -Paul Tudor Jones
In trading you should always have control over your risk. It is one of the most important thing.
I’m only rich because I know when I’m wrong. I basically have survived by recognizing my mistakes. – George Soros
You have to learn from your mistakes and improve every day. If you want to make money consistently in the market.
Set your mind on a definite goal and observe how quickly the world stands aside to let you pass. – Napoleon Hill
When you are trading you should have a very specific goal in your mind because in the market there are unlimited opportunity you should focus on what you want and then get out.
Everyone has the brainpower to follow the stock market. If you made it through the fifth-grade math, you can do it. – Peter Lynch
Markets are simple to understand but very hard to make money consistently. Because you have to be disciplined and consistent in your approach to make money and most of the people cannot do it.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Investing in health will produce enormous benefits.
Gro Harlem Brundtland
“An investment in knowledge pays the best interest.” – Benjamin Franklin
“In investing, what is comfortable is rarely profitable.” – Robert Arnott
“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” – Dave Ramsey
This are some of the quotes that I found this week that got my attention I hope you enjoy them.
It’s not the thinking that makes the money – it’s the sitting and the waiting that makes the money.
– Jesse Livermore
You have to wait for the right opportunity to show and be ready for it when it comes.
It has been shown time and time again that on Wall Street people very often fail to see the thing that is right in front of them.
– Jesse Livermore
If you want to improve in your trading you should keep a good record of your trading so that you can see what is right in front of you.
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
– Robert G. Allen
You have learn to take and manage your risk it is only way you can become rich in long run.
“In investing, what is comfortable is rarely profitable.”
– Robert Arnott
If you want to become good at anything that you do you have get yourself out of your comfort zone on a regular basis.
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”
– Warren Buffett
General people are always wrong at top and bottom. So place close attention to general market emotion at all time.
“An investment in knowledge pays the best interest.”
– Benjamin Franklin
You have to know that the best investment you can do is invest time and money in your education.
“Invest in yourself. Your career is the engine of your wealth.”
– Paul Clitheroe
You learn and earn. If you want to earn more you should learn more. Invest in class, book, dvds it will pay several folds in future.
Don’t try and anticipate what the market will do next—simply
go with the evidence of what the market is telling you—presenting
Look at the technical evidence of what market is doing at the place of worrying about the fundamental factor behind the move.