Patient Trader Quotes
The best of the best all agree
Patience…
Oh FFS Mark change the record…
Yeah, yeah I know, this is definitely a topic we’ve covered before, but I still believe it to be the biggest downfall of otherwise good traders.
It’s the one thing that stops most traders from becoming the trader they want to be.
So, if my job with each email is to help you make more from your trading then I’m going bang the drum… I want you at the next level!
After all, that’s why you read my email right? To level up…
It’s simple. Patient traders are profitable traders.
Don’t believe me?
Maybe these quotes from some of the best traders in the world will change your mind…
“Trading is a waiting game. You wait and wait and wait. Then you get in. Then you wait and wait and wait some more.”
– Jesse Livermore
“Patience is essential for trading. When there is nothing to do, do nothing.”
– Jesse Livermore
“Successful investing is about managing risk, not avoiding it. Patience is one of the most important factors.”
– Benjamin Graham
“The big money is not in the buying and selling, but in the waiting.”
– Charlie Munger
“The stock market is a device for transferring money from the impatient to the patient.”
– Warren Buffett
“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.”
– Bill Lipschutz
Finally the best of the bunch
“The best trades are the ones in which you have all the factors in your favor. Waiting for such trades requires patience and discipline.”
– Paul Tudor Jones
Just wait, then wait, then wait some more.
If you can do that, you cut your losing trades drastically, and if you cut your losing trades you have more confidence to hit the winners harder and hold them longer, and if you do that your bottom line is a whole different story…