90 Quotes About Trading-psychology

Greed pulls people in, and fear pushes them out.

Whatever anybody does or does not do is based on either greed or fear.

Investments are not a lottery; if it feels like the lottery, stay away from it.

The combination of our natural desire to be better than our peers, our faulty assumption of dodging risk, and our flawed belief of having better chances than others, pushes us into excessive greed territory. We take more significant and sometimes fatal risks.

Greed and fear are both good and healthy for an investor and capital markets as a whole. Emotions are like fire, beneficial if controlled, destructive if wild.

Greed and fear are in our DNA. We can’t get rid of them, but we can learn how to keep them in check.

You must not be a seller if not a buyer in a massive down-turn.

One emotionally-driven investment that causes massive losses is enough to keep you away from all investments for life.

Individual investors have significant advantages over professional money managers. Retail investors, like you and I, have nobody to report. We have no benchmark to beat and have no fear of capital flight. There are no quarter and year ends, and performance is not linked to calendars.