Inspirational Quote by Robert Prechter

Good traders liquidate when they are wrong, great traders reverse when they are wrong

— Jack D. Schwager

The best traders are simply slaves to the market's price action

— Steve Burns

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

“Markets are actually set up so that most traders must lose money”

— Alexander Elder

“A system based on exchanging products inevitably channels wealth to a few, and no governmental change will ever be able to correct that. It…

— Daniel Quinn

Isn't it interesting that markets are not just perfect? In business school and economic theory, you learn all about those perfect markets, and there's…

— Heidi Roizen

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

Good wares make good markets.

— Nicholas Breton

When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.

— Adam Smith

Your trading needs to boil down to rules, money management, and that is it.

— Michael Covel

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you…

— Ed Seykota

The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are…

— Lloyd Blankfein