![]() ![]() In fact, sometimes it is the other way around.” Working longer does not necessarily equate to working smarter. ![]() “A lot of people get so enmeshed in the markets that they lose their perspective. He received political asylum in the United States and started working as a psychiatrist in New York while teaching at the University of Columbia. He was enrolled on medical school at 16 years old, and at 23, while he had been working as the doctor on a ship, he boarded a Soviet ship in Africa. Traders are in control of their own trading, the time they dedicate to it, and what they put into it.ĭr Alexander Elder is a famous professional trader who was born in Leningrad and grew up in Estonia. This quote refers to the freedom that Forex trading provides in that trading can be done from anywhere in the world and at any time. You can be independent of routine and not answer to anybody.” You can live and work anywhere in the world. Marcus was featured in the Market Wizards book and one of his greatest mentors is Ed Seykota. Michael Marcus is well-known for turning a mere US Dollar 700 into US Dollar 80 million. The important thing to remember is that traders need to keep to their own style and not try to mimic that of others too often. This quote serves the purpose of informing traders that some trades will be good while others may be bad and that mistakes are made. As long as you stick to your own style, you get the good and bad in your own approach.” Others may cut their winners a little short but are quick to take their losses. Some are good holders of winners but may hold their losers a little too long. “Every trader has strengths and weakness. This list contains quotes from not only professional and successful traders but other well-known figures who offer their words of encouragement and guidance, which can be applied in trading activities. One of the most important factors concerned with trading, and trading successfully, is for traders to stay positive and motivated. Trading Forex may seem intimidating and tedious to beginners and even to more advanced traders who have been trading for years. ![]()
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