Being positive Quote by Gary B Smith
“You must ignore what everyone else is doing and trade only when you feel the odds are in your favor. In short, trade only when you and you alone are comfortable that the expected return of your trades will be positive. That might mean you'll have to sit out a few parties, but it will also mean that you'll have more profits over the course of your trading career.”
About This Quote
Trade only when you are confident the odds favor you, even if it means sitting out many opportunities.
In simple terms: Trade only when odds are favorable.
Key Takeaway
Prioritize confidence over participation.
Themes
discipline
confidence
risk management
Mood
focused
determined
Type
advice
strategic
When to use this quote
- stock market
- personal investing
- career planning
Key Concepts
probability
expected value
self‑assessment
Questions to Reflect On
- How do you assess confidence in a trade?
- What signals indicate a favorable odds?
A Different Perspective
Success depends on accurate self‑assessment and market insight.
