90 Quotes About Trading-psychology

Once you have a plan, always invest within the boundaries and parameters of your plan. Never bend your rules to accommodate your guts.

Never bend your rules to accommodate your guts.

Never let the truth become your enemy.

Markets can be volatile from time to time; however, stock prices follow earnings accumulation over the long term.

Recessions are there to take your investment game to the next level. A recession should help you reach your targets sooner.

All capital investments inherently suffer the risk of permanent capital loss. As an investor, it is your job to differentiate between market volatility and a permanentcapital loss. You can only achieve this when you fundamentally understand why you bought the asset in the first place.

If the prices were the motivation for buying, all future behavior and decisions would be based on price action.

Always remember that the minority dictates the prices, and the majority governs the value.

If your plan is to sell your holdings to another person at a higher price, then it is not an investment. It is gambling on finding a bigger idiot. What if the biggest idiot that can befound is you?