---
title: "4 Monroe Trout Quotes - Famous Floor trader"
description: "American business investor... | Monroe Trout Jr. is a retired financial speculator and hedge fund manager profiled in the book New Market Wizards by Jac..."
image: "https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b017/author-monroe-trout-65503.jpg"
---

![Portrait of Monroe Trout](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b017/author-monroe-trout-65503.jpg)

# Monroe Trout

(1962)   Floor Trader

 **4** quotes in **34** categories

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Monroe Trout is a floor trader.

## Quick Facts About Monroe Trout

Born January 22, 1962

Profession Floor Trader

## About Monroe Trout

American business investor... \| Monroe Trout Jr. is a retired financial speculator and hedge fund manager profiled in the book New Market Wizards by Jack D. Schwager. Trout's expertise is in quantitative analysis, with pattern recognition backed by statistical analysis. He subscribes to Ayn Rand's Objectivism. He has traded stocks

##  Quotes by Monroe Trout

> [A successful trader is rational, analytical, able to control emotions, practical, and profit oriented.](https://sms4smile.com/quotes/monroe-trout/a-successful-trader-is-rational-analytical-able-to-control-emotions/)

[Monroe Trout](https://sms4smile.com/quotes/author/monroe-trout/)

[Able](https://sms4smile.com/quotes/about/able/)

[Image](https://sms4smile.com/quotes/i/572/monroe-trout-65503_able_a-successful-trader-is-rational-analytic_712102.jpg)

> [Make sure you have an edge. Know what your edge is. And have rigid risk control rules.](https://sms4smile.com/quotes/monroe-trout/make-sure-you-have-an-edge-know-what-your-edge-is-and-have-rigid-risk/)

[Monroe Trout](https://sms4smile.com/quotes/author/monroe-trout/)

[Edges](https://sms4smile.com/quotes/about/edges/)

[Image](https://sms4smile.com/quotes/i/560/monroe-trout-65503_edges_make-sure-you-have-an-edge-know-what-you_995527.jpg)

> [If you have an approach that makes money, then money management can make the difference between success and failure... ... I try…](https://sms4smile.com/quotes/monroe-trout/if-you-have-an-approach-that-makes-money-then-money-management-can/)

[Monroe Trout](https://sms4smile.com/quotes/author/monroe-trout/)

[Approach](https://sms4smile.com/quotes/about/approach/)

[Image](https://sms4smile.com/quotes/i/927/monroe-trout-65503_approach_if-you-have-an-approach-that-makes-money_2087456.jpg)

> [Good money management alone isn't going to increase your edge at all. If your system isn't any good, you're still going to…](https://sms4smile.com/quotes/monroe-trout/good-money-management-alone-isn-t-going-to-increase-your-edge-at-all/)

[Monroe Trout](https://sms4smile.com/quotes/author/monroe-trout/)

[Approach](https://sms4smile.com/quotes/about/approach/)

[Image](https://sms4smile.com/quotes/i/899/monroe-trout-65503_approach_good-money-management-alone-isn-t-going_2869794.jpg)

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