We do not warrant and are not liable for any claims or testimonies made by these other compaines products and services. Learn about the various order types you'll use to while trading on the forex markets. When I am buying, the reverse is true. Then prepare to accept it. Some days I get more out of the New York Times.
Ten Great Trading Quotes FXStreet Team FXStreet Follow Following Whether you're new to trading or could just do with a refresher, nothing beats studying the greats.
Benjamin Franklin The easiest thing to do is prepare. Creditors have better memories than debtors. Benjamin Franklin You will always remember the trades that could have been and forget about the risks that were involved. Applause is a receipt, not a bill. Dale Carnegie Your trading statement is the receipt, not your spreadsheet.
Dale Carnegie The more you mentally prepare and accept loss the less psychological capital it takes. Friedrich Nietzsche After talking to a guru or anyone with the holy grail, I always take a hot shower, burn the clothes I was wearing, and drink them out of my mind. They make the highs higher and the lows more frequent. Friedrich Nietzsche Focusing on the result making money , makes winning more fun but less frequent. George Carlin Move on, understand what happened in the past but do not have an emotional attachment to it.
Fighting for peace is like screwing for virginity. George Carlin Fighting yourself is like robbing your own bank. Patton A trading plan is just words until you act on it. Patton If every trader is the long there is no money in being long unless you were first.
George Washington Your habits are easily formed but be aware they are hard to pay for. Henry David Thoreau Just because the market is open does not mean you have to trade.
Henry David Thoreau The trading genius was previously an idiot or is closer to being one tomorrow. A bore is a person who opens his mouth and puts his feats in it.
Henry Ford All trading results are insignificant unless it is your last. Henry Ford Having trading discipline is the beginning; keeping discipline is the progress; staying discipline is the success. Be candid with everyone. Jack Welch Be honest with yourself, if or when you fail the change of direction will not kill you. Change before you have to.
Control your own destiny or someone else will. Jack Welch Put yourself in the best position or you will not have a position come tomorrow. Face reality as it is, not as it was or as you wish it to be. Jack Welch Bend your view to the charts, not the charts to your view.
Even Castles made of sand, fall into the sea, eventually. Jimi Hendrix If the base of your trading was built on weak grounds, it is not a matter of if you fail but when you fail. I try to use my music to move these people to act. Jimi Hendrix I place my entries and exits where I am assured people will have to act. I used to live in a room full of mirrors; all I could see was me. Jimi Hendrix You are not the market, but some days you are a bigger part of it.
John Adams Trading can be simple if you let it. In politics the middle way is none at all. John Adams Indecision will lead to failure even if it does not result in losing money. Efforts and courage are not enough without purpose and direction. Kennedy Any trader can take risk, a great trader can do it with purpose and use it to their advantage. Forgive your enemies, but never forget their names. John Wooden Losing is lonely, but it can be the easiest way to get to know yourself.
John Wooden If you make money by making a mistake, it is loan with a very high defualt rate. Failure is not fatal, but failure to change might be. John Wooden Losing only matters if you lost because of a lesson you were already taught. John Wooden Develop a plan before you trade or do it later with less cash and more frustration. Losing is as much part of trading as winning. Simply put, making money in forex trading involves taking risks.
The best you can do is to control your risk by placing strict risk management tools and by being flexible in your execution. Like uncertainty, change is also constant in the forex markets. The profitable trading methods and correlations today may not be what gets you pips next week. Profitable traders know how to adapt to any trading environment. Did you see one in particular that speaks to your current trading progress the most? The beauty of the soul shines out when a man bears with composure one heavy mischance after another, not because he does not feel them, but because he is a man of high and heroic temper.
Partner Center Find a Broker. Abdul April 8, at 7: Replying to bc question: Paul Samoey April 8, at 3: Thanks Nial, this will definitely improve our trading. Grant April 8, at 3: Trade the plan Reply. Derek April 8, at 1: Odin Joel April 8, at Carlos April 7, at Hi Nial, great trading quotes.
Here is another one: Sheldonbrnx April 8, at 8: Jason April 7, at Olatunde April 7, at Robert card April 7, at Love the guy in 28 mate ;- Reply. Jack April 7, at Great post, thanks Nial, an inspiration for traders new and old. PR Prinsloo April 7, at 9: Avinash April 7, at 9: I am going to paste in my trading room.
Sam April 7, at 9: Manage the risks and the profits will take care of themselves. If you cant take a loss, sooner or later you will take the mother of all losses. Very nice quotes Nial. Leave a Comment Cancel reply Your email address will not be published. Recent Popular Comments Nial Fuller. Price Action Trading Patterns: Can Forex Trading Be Taught?
Exactly Simon, great comparison of costs, this is Great comment John, I agree My understanding is that bankers trade the 1 hour Keletso on About Nial Fuller. I I am a beginner in trading. I need your tutorial Guys if you don't believe Nial about high frequenc Trading IS all about relax and frequency, because Waiting can be a little frustrating for beginners, I don't think the lot size is relevant, the only r When your paying a spread and commission, a tick c In my humble opinion, it is not logically acceptab Thanks Sir for very very technical and effective i Hi Nial, thank you for wonderful article on tradin
33 quotes have been tagged as forex-trading: yvan Byeajee: ‘Genuine acceptance that there will be losses on your way to market success will greatly decre. Every day is a new day for forex traders. Just because you’ve been winning trades for the past few days doesn’t mean that your next trades will also be winners. The result of your past trades, whether they were winning or losing ones, shouldn’t affect how you handle your next positions. Live forex quotes to find out exactly where currencies last traded in the interbank market. Live rates will help you trade the forex market in real-time or exchange currencies in the market place. Check the latest prices or use live forex charts to help you make trading decisions and take advantage of the liquidity in foreign exchange.