·
The key to trading
success is emotional discipline. Making money has nothing to do with
intelligence.
·
The big money is
made by the sitting and the waiting — not the thinking. Wait until all the factors are in your favor before making the trade. (Jesse Livermore)
·
It’s not the
mathematical skill that’s critical to winning; it’s the discipline of being
able to stick to the system.
·
When you really
believe that trading is simply a probability game, concepts like right and
wrong or win or lose no longer have the same significance
·
A successful trader
is rational, analytical, able to control emotions, practical, and profit
oriented. (Monroe Trout)
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