Five traders quotes and Im off to bed
Great traders understand diff between looking for a trade and seeing the trade. Remain patient, they always come. When they do it’s obvious.
When I observe great traders they ooze confidence and belief in what they do. That only comes from years of successful trading. They are ruthless with losses and never compound them.
Everybody makes $ in an easy market. What separates traders with longevity is ability to not give $ back when the market gets hard.
Whipsaw is a trader killer. The root cause of most trader failures can be traced back to whipsaw. Minimise getting whipped at all costs.
Never forget that you are NOT competing against other traders, algos or bots. You’re competing against yourself. It’s all between the ears. When confronted by failure the easiest thing to do is quit and blame fed, bots and manipulators. Hardest thing to do is look in the mirror.
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