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Alexander Elder Quotes: 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.


Alexander Elder
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"Alexander Elder Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/When-a-beginner-wins-he-feels-brilliant-352686>.





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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.



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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Virtue became less the harsh and martial self-sacrifice of antiquity and more the modern willingness to get along with others for the sake of peace and prosperity.

Virtue became less the harsh and martial self-sacrifice of antiquity and more the modern willingness to get along with others for the sake of peace and prosperity.



Artificial Intelligence (AI) is the science of how to get machines to do the things they do in the movies.

Artificial Intelligence (AI) is the science of how to get machines to do the things they do in the movies.



Nico was wrong. The Book of Fate isn't already written. It's written every day. Some scars never heal. Then again, some do.

Nico was wrong. The Book of Fate isn't already written. It's written every day. Some scars never heal. Then again, some do.



I don't ever have time for friends or anything like that.

I don't ever have time for friends or anything like that.



No matter what happens, there is always the business of the world to attend to.

No matter what happens, there is always the business of the world to attend to.



O May, sweet-voice one, going thus before, Forever June may pour her warm red wine Of life and passions,--sweeter days are thine!

O May, sweet-voice one, going thus before, Forever June may pour her warm red wine Of life and passions,--sweeter days are thine!



For somebody who loves foreign policy, being Secretary is the best job in the world - but it doesn't happen twice.

For somebody who loves foreign policy, being Secretary is the best job in the world - but it doesn't happen twice.



There is no room for God in him who is full of himself.

There is no room for God in him who is full of himself.



It's hard to imagine that our love is a story with an end. But you know, at least I'm getting some really good songs out of it

It's hard to imagine that our love is a story with an end. But you know, at least I'm getting some really good songs out of it




Quote Description


This page presents the quote "When a beginner wins he feels brilliant and invincible Then he takes wild risk and loses everything.". Author of this quote is Alexander Elder. This quote is about brilliant, loses, risk, feels, beginners, winning, invincible,.