90 Quotes About Trading-psychology

Watching every tick up and every tick down is just wasting your valuable time. Do yourself a favor, and pick up a book or two about investing each month.

Broad-market indexes like S&P 500 must rise over the long term. The upward path is the only logical direction. Prices can be suppressed for a short period, but eventually, the index will continue its course.

The government wants to keep the capital markets healthy and thriving. They will do whatever in their power to avoid or reverse a recession.

Analyzing prices is not wrong. However, picking inflated prices as your only source of information is terrible.

The most important thing is to invest and buy shares in successful businesses. The second most important thing is to buy right and do not pay excessive amounts.

If you have some working knowledge of business and accounting and have a lot of patience to ride out market ups and downs, you can be a stock picker. You just need to understand that stocks are proportionate ownership of earning businesses.

Stocks are not market tickers represented by daily quotes but proportionate ownership of businesses and should be viewed accordingly.

Humans’ reactions are contaminated with their cognitive biases, greed, fear, and survival instinct. However, capital market success requires precisely the opposite behavior of what your intuition is suggesting.

Fear-of-missing-out is more powerful than fear of losing.