Rating: (18 votes)
“You will never change your life until you change something you do daily.” Mike Murdock”
“All statistics have outliers. Money management, therefore, is key to the process of good trading.”
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.”
“Don't ever make the mistake of believing that market success has to come to you fast. Trade small, stay in the game, persist, and eventually, you'll reach a satisfying level of proficiency.”
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
“Trading effectively is about assessing probabilities, not certainties.”
“When you learn to let go of the need to be right, being wrong gradually lose its power to disturb you.”
“Reaching any goal in trading requires specific domain knowledge and technical skills. But then, after that, it's all mindset management. Yet most people ignore that —they automatically think they have that last part all figured out, and it's a mistake.”
“How could everyone else find it so simple to slip back into life, the world revolving, businesses opening and closing, buying and selling, when the pillow on the right side of his bed was empty every night? Luke”
“From 1882 to 1930, Florida recorded more lynchings of black people (266) than any other state, and from 1900 to 1930, a per capita lynching rate twice that of Mississippi, Georgia, or Louisiana.”
“I have been made to learn that the doom and burden of our life is bound forever on man’s shoulders; and when the attempt is made to cast it off, it but returns upon us with more unfamiliar and more awful pressure.”
“When people are cruel it's often said that they have no heart, only a cold space or lump of ice in their chest. This was never true of Avalon. She had no heart, everyone knew, but there was nothing cold about her. In her chest burned an enormous coal, white-hot, brighter than the North Star. North knew the truth about Avalon: she was made of fire, and she would burn them all.”
“It was a little unsettling how quiet the skies were. Clay”
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