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Trading essentials and laws you need to know from the big guns in the industry
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Loading...Alexander Elder: "Financial markets do not forgive mistakes, the trade dictated by emotions always ends with a loss"
Jesse Livermore: "The loss of money has never bothered me, I've learned something about every loss: that whenever I've lost money, I've gained experience, so you take the loss as a tuition fee, every experienced trader has already paid for it."
Van Tharp: "If you lack a robust trading plan or strategy and are stressed when you trade, the natural reaction is to take your profits quickly but also to keep your losses for long, and this leads to losses"
Bruce Kovner: "If you take the losses too personally, you will not be able to trade successfully"
Marty Schwartz: "The most important thing in investing is not to lose control of the loss"
Tom Baldwin "The best traders have no ego, you have to swallow your pride and get out of time"
Paul Tudor Jones "Never think that you are a very good trader. If you do - you're dead"
Trader Milko Zashev Read more:
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