Alexander Elder quotes: wise famous quotes, sayings and quotations by Alexander Elder

Alexander Elder Famous Quotes & Sayings

Discover top inspirational quotes from Alexander Elder on Wise Famous Quotes.

Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.

When a beginner wins he feels brilliant and invincible Then he takes wild risk and loses everything.

Remember, your goal is to trade well, not to trade often.

Traders lose because the game is hard, or out of ignorance, or lack of discipline or because of both.

The markets are unforgiving, and emotional trading always results in losses.

The goal of a successful trader is to make the best trades. Money is secondary.

Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.

The market does not know you exist. You can do nothing to influence it. You can only control your behavior.

Losers bring money into the market which is necessary for the prosperity of the trading industry.