Chart of the Day

“Difficult times disrupt your conventional ways of thinking and push you to forge better habits of thought, performance and being.” – Robin S. Sharma Read
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Chart of the Day

“You have to be able to think clearly and act decisively in a panic market. The markets that go wild are the ones with the best opportunity. Traditionally, what happens in a market that goes berserk is that even veteran traders will tend to stand aside. That’s your opportunity to make the money.” – Mark Ritchie
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Chart of the Day

“Also, I don’t think you can make money unless you’re willing to lose it. Unless you have money that you can afford to lose and still sleep at night, you don’t belong in the market. My willingness to lose is fundamental to my ability to make money in the markets.” – Mark Ritchie
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Chart of the Day

“What we are today comes from our thoughts of yesterday, and our present thoughts build our life of tomorrow: Our life is the creation of our mind.” – Buddha.
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Chart of the Day

“Magnitude of losses and profits is purely a matter of position size. Controlling position size is indispensable to success. Of all the traits necessary to trade successfully, this factor is the most under-valued.” – Mark Ritchie
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Chart of the Day

“Although the cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch its prey. It may hide in the bush for a week, waiting for just the right moment. It will wait for a baby antelope, and not just any baby antelope, but preferable one that is also sick or lame. Only then, when there is no chance it can lose its prey, does it attack. That to me, is the epitome of professional trading.” – Mark Weinstein
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Chart of the Day

“You can’t desire the action more than you want to win. I didn’t become successful until I decided that winning was more important than playing” – Marty Schwartz
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Chart of the Day

“I used to try to will things to happen. My attitude was that I figured it out, therefore it can’t be wrong. What is the ultimate rationalization of an investor in a losing position? “I’ll get out when I’m even.” I became a winner when I was able to say, “To hell with my ego, making money is more important.” – Marty Schwartz
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Chart of the Day

“If you are distressed by anything external, the pain is not due to the thing itself, but to your estimate of it; and this you have the power to revoke at any moment.” – Marcus Aurelius
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