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Alexander Elder Quotes: 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.


Alexander Elder
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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.



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.



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.



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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Change your character and your character will change you.

Change your character and your character will change you.



If you want a happy ending, that depends, of course, on where you stop your story.

If you want a happy ending, that depends, of course, on where you stop your story.



In order for us to become truly happy, that which we can become, we must become.

In order for us to become truly happy, that which we can become, we must become.



Those against politics are in favor of the politics inflicted upon them.

Those against politics are in favor of the politics inflicted upon them.



What is the way of the Buddha? It is to study the self. What is the study of the self? It is to forget oneself. To forget oneself is to enlightened by everything in the world.

What is the way of the Buddha? It is to study the self. What is the study of the self? It is to forget oneself. To forget oneself is to enlightened by everything in the world.



To this day, I do not believe that five million were killed. I consider it technically impossible that could have happened. I do not believe it. I have not received proof of that up until now.

To this day, I do not believe that five million were killed. I consider it technically impossible that could have happened. I do not believe it. I have not received proof of that up until now.



If I don't believe the Word of God, why should you believe it? If we don't believe it, why should the world believe us?

If I don't believe the Word of God, why should you believe it? If we don't believe it, why should the world believe us?



We must clearly understand that when we give the child freedom and independence, we are giving freedom to a worker already braced for action, who cannot live without working and being active.

We must clearly understand that when we give the child freedom and independence, we are giving freedom to a worker already braced for action, who cannot live without working and being active.



I don't see all the movies that come out.

I don't see all the movies that come out.



The point is it is amazing that the generations have joined in the Beatle madness and love the music. Who knew?

The point is it is amazing that the generations have joined in the Beatle madness and love the music. Who knew?




Quote Description


This page presents the quote "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.". Author of this quote is Alexander Elder. This quote is about time, trade, eye, trends, wishful thinking, waste, regret, turns, real,.