Brett N. Steenbarger Quotes
Best The Psychology of Trading Quotes by Brett N. Steenbarger
The Psychology of Trading Quotes
“Many traders are so afraid of missing out on a potential market move that they don't dare take the time to refocus their trading plans.
They don't realize that a much bigger risk is losing sight of their plans and trading haphazardly.”
“Moods anchor messages.”
“The Journal is a business plan. The right plan, executed faithfully, can be the difference between success and failure in any endeavor.”
“Your trading plan is like an anchor that will come in handy when the seas are rough.”
You Might Like
“People want to be led astray. They constantly ask the wrong questions. For example, what’s the market going to do now? What should I buy now? I own XYZ stock. Do you think it’s going to go up? (If you say no, then they’ll ask someone else until they find a person who agrees with their opinion.) Tell me how I can get into the market and be 'right' most of the time. And those selling information get rewarded by giving them the answers they want. There is a large industry available to give you the answer to such questions.”
You Might Like These Related Authors
- Bill Ackman
- Ray Dalio
- Charles Dow
- Stanley Druckenmiller
- Alexander Elder
- Morgan Housel
- Bruce Kovner
- William J. O'Neil
- Jim Rogers
- Nassim Nicholas Taleb
