90 Quotes About Trading-psychology

The process by which one accumulates money is so simple, yet so hard to implement for most.

Trading mastery is a state of complete acceptance of probability, not a state of fight it.

Money matters, but not as much as you probably think.

Events, circumstances, and experiences arise and pass away. Winning trades, losing trades, fear, greed, sadness, happiness, and eventually your own life. Everything is in a constant flux. Learn to go through it with stability of mind. A meditation practice helps a lot.

You have power over how you'll respond to uncertainty.

Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.

Trading effectively is about assessing probabilities, not certainties.

All statistics have outliers. Money management, therefore, is key to the process of good trading.

Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.