"The goal of a successful trader is to make the best trades. Money is secondary." - Alexander the Great


"Trading isn't about being right. The important thing is to cut your losses short and unleash your profits." - Jesse Livermore


"The market can stay irrational longer than you can stay solvent." - John Maynard Keynes


"Whoever is comfortable investing is rarely profitable." - Robert Arnott


"The four most dangerous words when investing are: 'it's different this time'." - Sir John Templeton


"You experience recessions, you experience stock market crashes. If you don't realize this is going to happen, then you're not ready, you won't be successful in the markets." -Peter Lynch


"The stock market is a means of transferring money from the impatient to the patient." -Warren Buffet


"The stock market is a means of transferring money from the asset to the patient." -Carl Richards


"If you want to outperform the crowd, you have to do everything differently from the crowd." - John Templeton


"To be a successful trader you must be disciplined, focused and determined." -Paul Tudor Jones


"The most important thing about an investment philosophy is that you own it." - David Booth


"It's not whether you're right or wrong, it's how much money you make when you're right and how much you lose when you're wrong." -George Soros


"Whoever is comfortable investing is rarely profitable." - Bill Gross


"Emotional discipline is the key to successful trading." -Warren Buffet


"If you can't control your emotions, you can't control your money." -Warren Buffet


"Never risk more than 1% of your total equity in any transaction." - Larry Hite



"The trend is your friend until it's over." - Ed Seykota


"The purpose of trading is not to be right, but to make money." - Marty Schwartz


"The risk comes from not knowing what you are doing." -Warren Buffet


"Investing should be more like watching paint dry or grass growing. If you want excitement, get $800 and go to Las Vegas." -Paul Samuelson


"The stock market is full of people who know the price of everything but the value of nothing." - Philip Fisher


"A market downturn doesn't bother us. This is an opportunity to increase our ownership of great companies with great management at good prices." -Warren Buffet


"I always knew I would be rich. I don't think I doubted that for a second." -Warren Buffet


"The most important quality for an investor is temperament, not intelligence." -Warren Buffet


"The wise investor is a realist who sells to the optimists and buys from the pessimists." - Benjamin Graham


"The big money is not in trading, it's waiting." - Charlie Munger


"You don't have to be a rocket scientist. Investing isn't a game where a 160 IQ guy beats a 130 IQ guy." -Warren Buffet


"The time to buy is when there is blood on the streets." - Baron Rothschild


"Wall Street is the only place people come in Rolls Royce to get advice from subway riders." -Warren Buffet


"The stock market is a game that doesn't require strikes. You don't have to sway at everything - you can wait for your stride." -Warren Buffet


"There is no shame in being wrong, it's just shame on not being able to correct our mistakes." -George Soros


"The stock market is a means of transferring money from the impatient to the patient." -Warren Buffet


"The best investment you can make is in your own talents. Anything you can do to improve your own skills or your business will likely be more productive." -Warren Buffet


"If you're not willing to own a stock for ten years, don't even think about owning it for ten minutes." -Warren Buffet