Quotes

Don’t quit.  Suffer now and live the rest of your life as a champion – Muhammed Ali

The most fatal illusion is the settled point of view.  Since life is growth and motion, a fixed point of view kills anybody who has one – Brooks Atkinson

Volatility is greatest at turning points, diminishing as a new trend becomes established – George Soros

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. If you want to have a better performance than the crowd, you must do things differently from the crowd – Sir John Templeton

One characteristic I’ve found among successful traders is that they function effectively when they’re not trading. When markets become very quiet and range bound, they occupy themselves with a variety of activities, from sharing ideas with peers to conducting research. Traders who do not tolerate inactivity well inevitably feel the need to trade, often when there is no objective edge present. For them, losing money is less onerous than experiencing boredom.

The market does not know if you are long or short and could not care less. You are the only one emotionally involved with your position. The market is just reacting to supply and demand and if you are cheering it one way, there is always somebody else cheering it just as hard that it will go the other way – Marty Schwartz, Pit Bull

In bear markets, stocks usually open strong and close weak. In bull markets, they tend to open weak and close strong – William J. O’Neill 

Every man’s heart one day beats its final beat. His lungs breathe their final breath. And if what that man did in his life makes the blood pulse through the body of others and makes them bleed deeper in something that’s larger than life, then his essence, his spirit, will be immortalized by the storytellers, by the loyalty, by the memory of those who honor him, and make the running the man did live forever – The Ultimate Warrior

The market’s sole job is to confuse us. Always look for confirming signs. Be in a hurry to sell a loss and reluctant to sell a profit. Let your stops make your decisions for you – Brad Koteshwar

The biggest problem one faces in the market is the need to wait to confirm the trend. The most common and costly mistake is to jump at every first inkling of a rally. In the stampede to be the first to identify a trend, many get crushed. It is the patient ones who wait out the many false  starts, who will be fit as a fiddle to make the move when the true trend starts. A lot of money has been lost in trying to be the first one to identify the trend – Brad Koteshwar

Opportunities multiply as they are seized – Sun Tzu

Normal human tendencies are traits that cause you to do poorly. Therefore, to be successful as a trader you need to condition abnormal responses – Mark Minervini

It’s not what you know, it’s what you think you know that ain’t so – Frank Teixeira

Everybody has a plan until they get punched in the face – Mike Tyson

The critical risk controls are being diversified and cutting your exposure when you don’t understand what markets are doing and why you are wrong – Joe Vidich

To be successful in the markets, you have to be willing to change your opinion.  Most people are not willing to change their opinion.  You have to be humble about your ideas – Joe Vidich

Continuous effort – not strength or intelligence – is the key to unlocking our potential – Winston Churchill

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty – Winston Churchill

Success is going from failure to failure without a loss of enthusiasim – Winston Churchill

I will tell you how to become rich.  Close the doors.  Be fearful when others are greedy.  Be greedy when others are fearful – Warren Buffet

There seems to be some perverse human characteristic that likes to make easy things difficult – Warren Buffet

It takes 20 years to build a reputation and 5 minutes to ruin it.  If you think about that, you’ll do things differently – Warren Buffet

Someone is sitting in the shade today because someone planted a tree a long time ago – Warren Buffet

All stocks are bad, unless they go up – William O’Neil

You don’t stop a train with a brick wall – Kyle Bass

Losers average losers – Paul Tudor Jones

I can give you a formula to draw big returns from the market – Can you sit and wait for that signal or will you chop yourself to death? – Dan Zanger

If you can’t wait for good setups, you will be ready for them with less cash to trade – Dan Zanger

The essence of investment management is the management of risks, not the management of returns – Benjamin Graham

Fear keeps you from making as much money as you ought to – Jesse Livermore

Dividends are an outward sign of inward grace – Doug Casey

Leave bottoms to the liars and the lucky – Chris Waltzek

Think like a winner, rather than a fear-generating machine – Stewart Thomson

You’re either a contrarian, or a victim – Rick Rule

If the US Government was a family, they would be making $58,000 a year, yet they spend $75,000 a year, and have $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget and debt, reduced to a level that we can understand – Dave Ramsey

Whenever I have had the patience to wait for the market to arrive at what I call a “Pivotal Point” before I started to trade; I have always made money in my operations – Jesse Livermore

The big money is made in the first one or two years of a normal bull market cycle – William O’Neil

If you’re going to bet on anything, bet on yourself.  Always.

When all is said and done, a lot more is said then done.

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

2 thoughts on “Quotes

Leave a Reply

Your email address will not be published. Required fields are marked *