Other Forex Currency Sayings

Coinbase

Here are some Forex currency sayings:

  • Currency Trading is about self-government. If you can manage your own actions, you can trade currency successfully.
  • The truth is that most people do not have the self-control to be currency traders. It is a learned skill that comes after much trial and error.
  • There is nothing destructive about being wrong – the mistake lies in "staying" wrong.
  • Difference between Winners and Losers is Persistence
  • 95% of traders lose, because they go onto Forums and are taught how to lose.
  • Never hope on a trade, just manage doubt.
  • One does not have confidence in their trades because they do not have valid reasons for the success of their trades over the long term.
  • Have courage and intelligence to admit when you lose.
  • The traders who are most likely to fail are the ones who enter the market unprepared – emotionally, psychologically and technically.
  • Two entities rule the market, fear and greed. They pass the scepter of control back and forth everyday and that is how we make money.
  • You cannot win without an edge, if you do not know what your edge is you do not have one. To have an edge you must have a method.
  • Winners plan, losers merely hope.
  • Reading all the financial news and evaluating it will avail you nothing. The market may rise on bad news and go down on good news. Then where are you?
  • A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.
  • If you traded according to your plan then there are no "extra points" to be had.
  • I convinced myself that whatever was wrong was wrong with me and not with the market.
  • Do not ask the market what he cannot give you, and be prepared to take what he is willing to share with you.
  • Trading is a loser's game. He who loses best wins.
  • Good traders know how to make money, but great traders know how to take a loss.
  • Trade what you see not what you think.
  • Trade Well and Be Well. Take responsibility for your trades. It is your money.



Source by James C. Feldon

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