90 Quotes About Trading-psychology

Prudent investing is all about buying the right assets at the right price.

Short-term price fluctuation is not the real risk. It is an opportunity.

Always remember, the minority dictates the price. A company may have billions of shareholders, but it only takes one shareholder to change the price.

Last transaction price cannot and should not be a tool to measure the success or failure ofinvesting.

in a rising price environment, party culture and a gambling mindset take over. People think it is easy to make money, and it is fun. The stock market is a big giant casinowhere the odds are in favor of gamblers. The more you play, the more you win. However, the facts are precisely the opposite.

When enough people believe that prices will keep rising forever, a bubble starts.

When you invest in stocks or any other asset, your primary risk is the permanent loss of capital. Your secondary risk is a sub-par return, and that’s it. You don’t have any other risk.

Most of the traders think and act like gamblers. They believe that they can outsmart the rest of the players with the help of a trading system. They take investing as a game, and daily quotes are their scorecards.

In a marketplace, perception is more powerful than reality.