Trading Quotes

#1
Following are great quotes taken from various traders/books/websites. I've pasted these quotes on notice board since 3 years and its still working in intraday trading/swing trading or even on longer time period trades. I hope this will also help to other traders. I've made some changes with my experience. (which is marked with blue color text)

Think in terms of probabilities.
Trade your plan, plan your trade (Entry & Exit in a trade, When & Why)
Ban wishful thinking.
Market remains only 30% on time in trends.
Trade with the trend. (Every trend ends)
Review larger timeframe to trade shorted timeframe.
Volume on any breakout is a key technical aspect.
Make loss and make it quickly. (Never add a loser)
Hoping + Wishing + Praying = Exit the trade.
When profits come too easily it's time to reduce risk.
Real money is made by doing nothing. (- Jessie livemore ?)
A buy signal that fails is a sell signal & vice versa.
Perfect patterns carry greatest risk of failure.
History does repeat itself, just not with precision.
The market lives and operates in future period.
Bulls have no resistance and bears have no support.
Never assume that unreasonable or the unexpected can not happen. It can. It does. It will.
Market wil always remain tense, unstructured and upredictable.
The object should be excellence in trading, not perfection. (KISS)
Don't get greedy or feared, let the rules, not your emotions, take care of your trades.

Remember that you're playing against tens of thousands of professionals. If it were that easy, there be a lot more millionaire traders out there.
 
#3
Two rules for investing/trading :
Rule number one : most things will prove to be cyclical
Rule number two : some of the greatest opportunities for gain and loss come when other people forget rule number one
 

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