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Trading is not all about analysis and watching charts. It also require lot of inspiration both in good times and bad times to keep yourself motivated towards your goals. Sometimes I think a one liner quote is more useful than hours of chart watching, because it helps you to look at things from a different perspective. I personally get motivated with these inspirational and educational quotes. Here are some quotes by Chess Players, but one could also relate these to trading and learn a lot from i…
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Trading Week 14th April to 18th April 2014
Another trading week is about to start and I did my analysis over the weekend and all set to execute my plan without fear. Been reluctant to place trades based on my plan and missed some nice opportunities, but there is still plenty of time left to catch up and climb up the ladder. I am expecting some volatility starting earlier this week as it is a holiday shortened week as on Friday majority of markets would be closed in observance of Good Friday and again Monday would be holiday too, so the f…
Inspirational Quotes
Don't be afraid of losing, be afraid of playing a game and not learning something. - Dan Heisman
The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless.
It is better to be prepared for an opportunity and not have one than to have an opportunity and not be prepared." - Whitney Moore Young
[b][/b]The art of knowing is knowing what to ignore.” — Rumi
Some more Inspirational Quotes:
Some more quotes from successful traders, whom I admire and follow closely:
- We might not make profit from the opportunities that we miss, but we can certainly learn from them all, and that in itself is valuable.
- We are all humans (at least most of us) and make mistakes, but failure to learn from them is a poor excuse of a human being.
- Focus on doing what is right – instead of being right
Quote from A Tale of Two Cities (Charles Dickens)
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way - in short, the period was so far like the present period, that some of its noisies…