Trading Advice from Great Traders 👍

Trading Advice from Great Traders
Jesse Livermore - Letting go of losses. Jesse Livermore was a good trader but it was the ups and downs that were his downfall.
Alexander Elder - Watching trends. Focus on what matters.
Warren Buffett - Know what you are doing. Warren Buffett looks for value in businesses he understands. Can you imagine Warren Buffett day trading!?
Jesse Livermore - Putting in the work.
Common Themes: Emotional Control - Discipline - Dedication
Common Themes: Effort - Focus - Work

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[ukspreadbetting]

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[The.RenaissanceMan]

I learnt this in my business degree:
Money is opportunity.
When you lose money, look for more opportunities.
Money is a concept. An idea.
When you lose money, the idea is lost, so create better ideas.
Money is a promise to others in an exchange.
When you lose money, find what is important to exchange.
Money is paper. A number. A metal.
When you lose these, dont be overly attached.
Money can be a bridge to the dream of a better life.
When you lose the dream, remember there are many types of bridges.

[Kelberi]

"Q: Day Traders

Paul Tudor Jones: 95% losers. "

[yaasomaliah]

Discipline and dedication are by far the best for me