Customer Quote by Alexander Elder
“Remember, your goal is to trade well, not to trade often.”
About This Quote
Source Book: Trading for a Living, Alexander Elder, 1993
Success in trading depends on quality of decisions, not frequency of trades.
In simple terms: Trade wisely, not often.
Key Takeaway
Focus on skill, not volume.
Themes
discipline
trading
decisionmaking
Mood
focused
analytical
Type
advice
motivational
When to use this quote
- portfolio management
- day trading
- investment planning
Key Concepts
risk management
psychology
strategy
Questions to Reflect On
- How can you evaluate trade quality?
- What habits improve decision discipline?
A Different Perspective
Too much focus on frequency can cause overtrading and higher costs.
