Attachments: Quote of the day - Trader’s oomph!

Quote of the day - Trader’s oomph!

#201
Apr 9, 2018 10:34am Apr 9, 2018 10:34am

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

I don't know if you expect us to critique or add to any of these statements. I find this statement by Alexander Elder rather incomplete. I believe the goal of any serious trader is to make money through trading better and improving as a trader.

I may be wrong. Trade safe and prosper.

KP

Quoting AlexC

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Ignored

Do your homework, follow the footprints of smart money

#202
Apr 9, 2018 9:29pm Apr 9, 2018 9:29pm

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts

Quoting KeenPips

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I don't know if you expect us to critique or add to any of these statements. I find this statement by Alexander Elder rather incomplete. I believe the goal of any serious trader is to make money through trading better and improving as a trader. I may be wrong. Trade safe and prosper. KP {quote}

Ignored

A paradox may seem absurd at first but when it's thought thru, makes sense.
A positive trade is the cause and positive money is the effect.
Priority would be to make good trades and the money follows.

#203
Apr 9, 2018 9:44pm Apr 9, 2018 9:44pm

Hdhorda4
Joined May 2013 | Status: You become what you think about. | 295 Posts

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No one ever Discovered anything new by colouring inside the lines.

#204
Apr 9, 2018 11:39pm Apr 9, 2018 11:39pm

okshop
Joined Mar 2017 | Status: Impeccable | 2,829 Posts

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Self discipline It is a practice

#205
Apr 9, 2018 11:59pm Apr 9, 2018 11:59pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

Mate, I quite understand that relationship and the intention but the motivation is key too. A reason I rephrased the quote. In any case, I enjoy many of the quotes and maxims on this thread.

KP

Quoting AlexC

Disliked

{quote} A paradox may seem absurd at first but when it's thought thru, makes sense. A positive trade is the cause and positive money is the effect. Priority would be to make good trades and the money follows.

Ignored

Do your homework, follow the footprints of smart money

#206
Apr 10, 2018 3:06am Apr 10, 2018 3:06am

riclater211
| Joined Mar 2018 | Status: Trader | 518 Posts

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Be humble or get humbled

#207
Apr 11, 2018 1:55am Apr 11, 2018 1:55am

Hdhorda4
Joined May 2013 | Status: You become what you think about. | 295 Posts

Gann's discovery

Gann summarized the way in which he discovered his forecasting method as follows:

“A man may evolve a beautiful theory for making money in the stock market, and he may try it out on paper and find that it works. It is apparently successful, but when he applies it to actual trading and begins to buy and sell, he then finds the weak point and the theory fails in actual practice. I know whereof I speak, for I have tried dozens of different theories, put my money down and lost; exploded the theory, discarded it and started all over again…. The fact that my method of forecasting has stood the test of time is sufficient proof that I have solved the problem.”

No one ever Discovered anything new by colouring inside the lines.