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Alexander Elder Quotes: Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.
         

Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.


Alexander Elder
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"Alexander Elder Quotes." Quoteslyfe.com, 2024. Sat. 21 Dec. 2024. <https://www.quoteslyfe.com/quote/Amateurs-look-for-challenges-professionals-look-for-352683>.





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Other quotes of Alexander Elder


The goal of a successful trader is to make the best trades. Money is secondary.

The goal of a successful trader is to make the best trades. Money is secondary.



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.

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.



The market does not know you exist. You can do nothing to influence it. You can only control your behavior.

The market does not know you exist. You can do nothing to influence it. You can only control your behavior.



When a beginner wins he feels brilliant and invincible Then he takes wild risk and loses everything.

When a beginner wins he feels brilliant and invincible Then he takes wild risk and loses everything.



To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking.

To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking.



Remember, your goal is to trade well, not to trade often.

Remember, your goal is to trade well, not to trade often.



Losers bring money into the market which is necessary for the prosperity of the trading industry.

Losers bring money into the market which is necessary for the prosperity of the trading industry.



The markets are unforgiving, and emotional trading always results in losses.

The markets are unforgiving, and emotional trading always results in losses.



Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.

Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.



Traders lose because the game is hard, or out of ignorance, or lack of discipline or because of both.

Traders lose because the game is hard, or out of ignorance, or lack of discipline or because of both.





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Slowly we became silent, and silence itself if an enemy to friendship.

Slowly we became silent, and silence itself if an enemy to friendship.



In order to see birds it is necessary to become a part of the silence.

In order to see birds it is necessary to become a part of the silence.



In marriage, compromise nurtures the relationship.

In marriage, compromise nurtures the relationship.



But there's still an avenue for smaller comics and personal expression

But there's still an avenue for smaller comics and personal expression



The delicate and infirm go for sympathy, not to the well and buoyant, but to those who have suffered like themselves.

The delicate and infirm go for sympathy, not to the well and buoyant, but to those who have suffered like themselves.



I've been popular and unpopular successful and unsuccessful loved and loathed and I know how meaningless it all is. Therefore I feel free to take whatever risks I want.

I've been popular and unpopular successful and unsuccessful loved and loathed and I know how meaningless it all is. Therefore I feel free to take whatever risks I want.



Everyone tries to look a cookie-cutter kind of way, and actually the people who look different are the ones who get picked up.

Everyone tries to look a cookie-cutter kind of way, and actually the people who look different are the ones who get picked up.



Everything you do, every experience that you have, enlightens you a little bit or worsens you.

Everything you do, every experience that you have, enlightens you a little bit or worsens you.



Her work, I really think her work is finding what her real work is and doing it, her work, her own work, her being human, her being in the world.

Her work, I really think her work is finding what her real work is and doing it, her work, her own work, her being human, her being in the world.



As hope and fear alternate chase Our course through life's uncertain race.

As hope and fear alternate chase Our course through life's uncertain race.




Quote Description


This page presents the quote "Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.". Author of this quote is Alexander Elder. This quote is about action, easy, business, challenges, odds,.