Learn from the Experts: Adopt a New Set of Beliefs




Key Elements of Success:

1. Control Emotions and Be Patient

2. Use Market Cycles & Volatility to Your Advantage

3. Buy & Sell at the Proper Time

4. Be Confident & Enjoy Trading/Investing


Famous Trading & Investing Quotes: Control Emotions and Be Patient:


To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. - Warren Buffett

Patience is a key element of success. - Bill Gates


How Markets Work: Using Cycles & Volatility to Your Advantage:

There is another important short-term cycle that tends to influence most commodity markets-the 28-day trading." - John Murphy (charting expert, stockcharts.com founder, and author of Technical Analysis of the Futures Market)

It is not how much you make that counts but how much money you keep. - Robert Kiyosaki (investor, businessman, and author of Rich Dad Poor Dad)

The trend is your friend. - anonymous

This market right now is moving on nothing more than emotions. Guess what? It almost always moves on emotions. - David Bach

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore


Learning to Buy & Sell at the Right Times:

Buy when there's blood in the streets; even if the blood is your own. - Mayer Amschel Rothschild

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. - Warren Buffett

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. - Warren Buffett


Be Confident & Enjoy Trading & Investing:

We enjoy the process far more than the proceeds. - Warren Buffett

As long as you enjoy investing, you'll be willing to do the homework and stay in the game. - Jim Cramer

I love the market. It is my work, my play, and my life. - Rene Rivkin (Famous Australian investor)