Day traders' weekend lounge May 6 - 8, page-64

  1. 13,753 Posts.
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    I KNOW you will do well....why?

    1. You have a thirst for acquiring knowledge and learning.
    2. You realise that not every trade will be a winning trade.
    3. As you say - you learn from both your gains and losses (those destined to fail pay no head to losses and IMO they are perhaps even more crucial).
    4. Slow and steady is the best way to achieve your goals as you are augmenting your other income stream and creating a long term nest egg (you have a focused goal).
    5. You are educated and, I truly mean this in the nicest way you are mature, and responsible.

    https://hotcopper.com.au/data/attachments/4323/4323738-8d431eec4ce90d4f4908e65a7c92eae5.jpg

    Now some sage quotes from historical figures and great investors.

    "An investment in knowledge pays the best interest." — Benjamin Franklin

    "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." George Soros

    "The individual investor should act consistently as an investor and not as a speculator." — Ben Graham

    "It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for."
    Robert Kiyosaki

    "Know what you own, and know why you own it." — Peter Lynch

    "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." — Paul Samuelson

    "The most contrarian thing of all is not to oppose the crowd but to think for yourself." — Peter Thiel

    Now lastly, is a link to someone who was perhaps the greatest trader of all time - his background and history makes for a remarkable read if interested
    https://www.marcellagerwerf.com/jesse-livermore-quotes/
 
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