Customer Quote by Alexander Elder

Traders lose because the game is hard, or out of ignorance, or lack of discipline or because of both.

— Alexander Elder

There's whole television stations, magazines, organizations devoted to analyzing every up-and-down twist and turn, IPO, everything that happens in the formal economy. And yet…

— Mariana van Zeller

Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most…

— Paul Tudor Jones

Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.

— Alexander Elder

To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy…

— Alexander Elder

Most private traders on a losing streak keep trying to trade their way out of a hole. A loser thinks a successful trade is…

— Alexander Elder

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

— Alexander Elder

Successful trading depends on the 3M's - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They…

— Alexander Elder

Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass…

— Alexander Elder

Some traders still think that a computer could not trade as well as they can.

— Thomas Peterffy

My off-the-cuff remarks at the University of Virginia were with regard to global macro traders, who are on-call 24/7 and of whom there are…

— Paul Tudor Jones

You can never be an entrepreneur if you're afraid to lose money. It's like being a pilot who is afraid of bad weather.

— Peter de Savary