Before it became one of the analytical methods relied on by many traders, there were important people who played an important role in pioneering technical analysis.
If you're an active Twitter user, you can gain market insights just by following these accounts. They're managed by experienced stock traders with great influence on the platform.
Have you ever wondered how giant investors and billionaires like Warren Buffett make trades? Does he use a regular broker like most traders? Find out the answer here.
Looking to improve your trading skills and stay up-to-date with the latest market trends? If you're an avid Youtube user, here are some recommended YouTubers to follow.
Are you planning to leave your current job to become a full-time trader? These seven successful traders proved that it's possible and they can thrive from it.
Trading is not easy, especially for beginners. Yet, Alex Gerchik managed to earn millions of dollars with no trading background and only $400 in his pocket.
"Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets."
Alexander Elder
"Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds."
Peter Bernstein
"The fundamental law of investing is the uncertainty of the future."
Michael Marcus
"Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough."
Bruce Kovner
"Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he's not going to take a patient's temperature."
Warren Buffet
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
Alexander Elder
"The goal of a successful trader is to make the best trades. Money is secondary."
Bruce Kovner
"If you personalize losses, you can’t trade."
Peter Lynch
"In this business, if you're good, you’re right six times out of ten. You’re never going to be right nine times out of ten."
Jesse Livermore
"There is a time to go long, a time to go short and a time to go fishing."
Victor Sperandeo
"The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading."
George Soros
"Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected."
Warren Buffett
"Risk comes from not knowing what you're doing."
Paul Tudor Jones
"I’m always thinking about losing money as opposed to making money. Don’t focus on making money, focus on protecting what you have"
Bruce Kovner
"Novice Traders trade 5 to 10 times too big. They are taking 5 to 10 percent risk, on a trade they should be taking 1 to 2 percent risk on."
Larry Hite
"I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet."
George Soros
"It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong."
Ed Seykota
"The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance."
Jack Schwager
"There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer."
Martin Schwartz
"Learn to take losses. The most important thing in making money is not letting your losses get out of hand."
Mark Douglas
"If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist."
Bill Lipschutz
"If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money."
Jack Schwager
"There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer."
Jim Rogers
"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime."