Desire Quote by William Eckhardt

First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts…

— Gil Blake

You have to be okay with wins and losses. You can't just be looking for the wins and, when the losses happen, you can't…

— Josh Brolin

My percentage of winners is only about 50/50, because I cut my losers very quickly. The maximum loss I allow is 7%, and usually…

— David Ryan

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

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

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 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 goal of a successful trader is to make the best trades. Money is secondary.

— Alexander Elder

Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials…

— Alexander Elder

Optimization is generally detrimental to future success, but it is the only way to accomplish present success in competition with others who are equally…

— Erik Naggum

Small wins are a steady application of a small advantage.

— Charles Duhigg