Achilles Quote by Gil Blake

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

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

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

— 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

Anyone who claims to be intrigued by the "intellectual challenge of the markets" is not a trader. The markets are as intellectually challenging as…

— Ralph Vince

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 desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of…

— William Eckhardt

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

A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself.…

— Ed Seykota

I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You…

— Bill Lipschutz

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

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing…

— Ed Seykota