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Alexander Elder Quotes

Remember, your goal is to trade well, not to trade often Picture Quote #1
The market does not know you exist. You can do nothing to influence it. You can only control your behavior Picture Quote #1
The goal of a successful trader is to make the best trades. Money is secondary Picture Quote #1
The markets are unforgiving, and emotional trading always results in losses Picture Quote #1
Losers bring money into the market which is necessary for the prosperity of the trading industry Picture Quote #1
Traders lose because the game is hard, or out of ignorance, or lack of discipline or because of both Picture Quote #1
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Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it Picture Quote #1
Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets Picture Quote #1
To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking Picture Quote #1
Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds Picture Quote #1
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Text Quotes
Remember, your goal is to trade well, not to trade often  (Alexander Elder Quotes) The market does not know you exist. You can do nothing to influence it. You can only control your behavior  (Alexander Elder Quotes) The goal of a successful trader is to make the best trades. Money is secondary  (Alexander Elder Quotes) The markets are unforgiving, and emotional trading always results in losses  (Alexander Elder Quotes) Losers bring money into the market which is necessary for the prosperity of the trading industry  (Alexander Elder Quotes) Traders lose because the game is hard, or out of ignorance, or lack of discipline or because of both  (Alexander Elder Quotes) Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it  (Alexander Elder Quotes) Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets  (Alexander Elder Quotes) To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking  (Alexander Elder Quotes) Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds  (Alexander Elder Quotes)