Collection of my favorite trading quotes
This list is a continuous work in progress. I will be adding new trading quotes as I find them.
“Persistence is instrumental to success. Most people faced with the early failures of some of the Market Wizards would have given up” – Jack Schwager
“Market success is a matter of finding the methodology that is right for you, not finding the one true methodology” – Jack Schwager
“Successful traders find a methodology that fits their personality” – Jack Schwager
“So what exactly is your methodology? If you cannot answer that question, you are not ready to be risking money in the markets” – Jack Schwager
“To make money you need to have an edge and employ good money management” – Jack Schwager
“I always want to be better prepared than someone I am competing against. I prepare myself by doing my homework each night” – Jack Schwager
“The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless” – Jack Schwager
“Trading is about skill development and discipline” – Mike Bellafiore
“A man must believe in himself and his judgement if he expects to make a living of this game” – Jesse Livermore
“The only time I really ever lost money was when I broke my own rules” – Jesse Livermore
Source of many of the quotes above is Jack Schwager on twitter and his book “Little Book of Market Wizards”.