Are you curious about how George Soros and many successful traders like him could make millions of bucks in just a short time? Here are the 10 tips on how to follow their steps.
Successful day traders do exist. Some of them are even world-famous for what they're capable of making. Here are some powerful trading tips from 5 renowned day traders.
These 3 Singaporeans didn't have it easy from the start. But through hard works and unyielding determination, they turn things around to become successful traders.
If you're a Malaysian-based trader, look no further for inspiration. These 8 successful Malaysian Traders prove that forex trading can be a profitable and knowledge-sharing activity.
Price Action strategy is one of the most popular trading methods in the world. These 7 successful traders here have uncovered their secret Price Action strategies and prove its powerful impact.
Have you ever felt confused when learning about forex? If so, don't let it distraught you, for even Jane Foley had experienced the same thing. Here is her full story.
Another succes story of women in forex comes from Jody Samuels, an experienced trader who began her career in 1979. Here, she shared her experience, knowledge, and opinion about independent trading, Elliot Wave, as well as genders in forex trading.
Following the stories of successful female traders is always interesting. This time, we will reveal Valeria Bednarik's story, a female trader from Argentina who gained success through learning from losses.
"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."
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."
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."
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."
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."
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."
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"
Martin Schwartz
"Learn to take losses. The most important thing in making money is not letting your losses get out of hand."
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."
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."
Bruce Kovner
"I know where I’m getting out before I get in."
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."
Warren Buffett
"Risk comes from not knowing what you're doing."
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."
Nicolas Darvas
"I believe in analysis and not forecasting."
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."
Jesse Livermore
"There is a time to go long, a time to go short and a time to go fishing."
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 Bernstein
"The fundamental law of investing is the uncertainty of the future."
Alexander Elder
"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."
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."
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."
Alexander Elder
"Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds."
Bill Lipschutz
"If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money."