Trading Quotes #10 – Larry Hite

“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.” -Larry Hite        

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Trading Quotes #9 – William Eckhardt

“I know of a few multimillionaires who started trading with inherited wealth. In each case, they lost it all because they didn’t feel the pain when they were losing. In those formative first few years of trading, they felt they could afford to lose. You’re much better off going into the market on a shoestring,…

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Trading Quotes #8 – Jesse Livermore

“The spectator’s chief enemies are always boring from within. It is inseparable from human nature to hope and to fear. In speculation when the market goes against you, you hope that every day will be the last day and you lose more than you should had you not listened to hope. And when the market…

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Trading Quotes #7 – William O’Neil

“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” – William O’Neil    

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Trading Quotes #6 – Ed Seykota

“The elements of good trading are: 1. Cutting losses, 2. Cutting losses, and 3. Cutting losses. If you can follow these three rules, you may have a chance.” -Ed Seykota    

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Trading Quotes #5 – Charles Schwab

The Limit of Your Abilities “When a man has put a limit on what he WILL do, he has put a limit on what he CAN do.” – Charles Schwab      

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Trading Quotes #4 – Thomas Edison

Learning from Mistakes “Don’t call it a mistake, call it an education.” – Thomas Edison      

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Trading Quotes #3 – Victor ‘Trader Vic’ Sperandeo

“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” – Victor ‘Trader…

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Trading Quotes #2 – Marty Schwartz.

“I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response. I used fundamentals for 9 years and got rich as a technician” – Marty Schwartz.

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Trading Quotes #1 – Paul Rotter

“A trader should have no opinion. The stronger your opinion, the harder it is to get out of a losing position.” -Paul Rotter  

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