Oct 18, 2017

5 Great Quotes From Jack D. Schwager

Here's a list of some of Jack Schwager's most memorable quotes about trading: 

"Patience is important not only in waiting for the right trades, but also in staying with trades that are working."

"One of the cardinal rules of trading is: Don’t trade when you can’t afford to lose. In fact, there are few more certain ways of guaranteeing that you will lose than by trading money you can’t afford to lose."

"Just because you missed the first major portion of a new trend, do not let that keep you from trading with that trend."

"Never double up near the original trade entry point after having been ahead. Often, the fact that the market has completely retraced is a negative sign for the trade."

 "What winning traders share: they all understand that losing is part of the game, and they have all learned to lose." 



You will follow practical steps and acquire the essential skills a successful trader must have in order to consistently win, and you'll also learn:

- how to develop a trading system
- how to utilize the best trading techniques within a trading methodology
- how to think about the psychological aspects of trading and the markets
- how vital it is to treat trading like a business

As you master this breakthrough program, you'll build yourself a distinctive trading signature.

"It took me five years to become a profitable trader and almost another five years to become extremely consistent. If I had come across the right trading material and concepts earlier, I’m sure the learning curve would have been far shorter. This practical book will give you the materials and concepts I wish I’d had early in my career." - Henrique M. Simões

2 comments:

  1. Great list. I love reading your stuff. Keep it up!

    ReplyDelete
  2. Make it a series of posts on trading quotes from great traders. You used to share some brilliant trading quotes on your Twitter feed!

    ReplyDelete