Components Quote by Alexander Elder

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.

— Victor Sperandeo

Your trading needs to boil down to rules, money management, and that is it.

— Michael Covel

The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades…

— Linda Bradford Raschke

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I…

— Victor Sperandeo

You must fully understand, strongly believe in, and be totally committed to your trading philosophy. In order to achieve that mental state, you have…

— Richard Driehaus

First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts…

— Gil Blake

The goal of a successful trader is to make the best trades. Money is secondary.

— Alexander Elder

A successful trader is rational, analytical, able to control emotions, practical, and profit oriented.

— Monroe Trout

Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut…

— Michael Marcus

If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there…

— William Eckhardt

The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.

— Paul Tudor Jones

Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep…

— Michael Marcus