Trading quotes

Collection of my favorite trading quotes

This list is a continuous work in progress. I will be adding new trading quotes as I find them.




"Persistence is instrumental to success. Most people faced with the early failures of some of the Market Wizards would have given up" - Jack Schwager


"Market success is a matter of finding the methodology that is right for you, not finding the one true methodology" - Jack Schwager

Books added to top trading books list

I added two new books to my list of top trading books. 

"One Good Trade" and "The Playbook" by Mike Bellafiore.

See my recommendation added at the end of my post on top trading books.

Both books by the author are very good. While he talks about prop trading desk, trading U.S. stocks and ETFs on a 1 minute charts and "tape reading", while I trade forex End-of-Day, so a very different approach, but everything about trading mindset, psychology, how to think, how to develop, how to learn - I am finding all of this very relevant and helpful for high quality end of day forex trading, which I do. 

You can also visit their blog.

Your Account Balance chart - simulation tool

Your equity curve Monte Carlo simulation tool

Intro

This is to share my tool to simulate how your account equity curve may look like, given your assumptions of a win ratio and a reward to risk ratio.