“If your goal is to trade like a professional and be a consistent winner, then you must start from the premise that the solutions are in your mind and not in the market.”
- Mark Douglas
English
Mark Douglas Quotes
64 posts
“Learning how to trade without fear is a function of learning how to think in probabilities.”
- Mark Douglas
English
“When I put on a trade, all I expect is that something will happen.”
“Anything CAN happen”
-Mark Douglas
English
“Why do casinos make consistent money on an event that has a random outcome?”
“Because they know that over a series of events, the odds are in their favor.”
“Develop an edge and execute it, don’t over complicate trading”
- Mark Douglas
English
“Why do you think unsuccessful traders are obsessed with market analysis?”
“They crave the certainty that Analysis tends to give them”
-Mark Douglas
English
“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.”
- Mark Douglas
English
"You don't have to predict the future to make money in the markets. You just have to react to what's happening."
- Mark Douglas
English
I never lose to the market. I only lose to myself
Mark Douglas Quotes@why_longg
“The difference between successful and unsuccessful traders is not intelligence or raw talent, it’s discipline” - Mark Douglas
English
Only disciplined traders will make it in trading....
Mark Douglas Quotes@why_longg
“The difference between successful and unsuccessful traders is not intelligence or raw talent, it’s discipline” - Mark Douglas
English
@FranVezz @markminervini In my experience it’s the key to moat’s success
English
Hard to beat Mark Douglas’ work on mindset. @markminervini describes discipline as the key to his success.
Mark Douglas Quotes@why_longg
“The difference between successful and unsuccessful traders is not intelligence or raw talent, it’s discipline” - Mark Douglas
English
“The difference between successful and unsuccessful traders is not intelligence or raw talent, it’s discipline”
- Mark Douglas
English
@why_longg Give me this account, I can manage it better than you.
English
"The best traders have no ego. You have to swallow your pride and get out of the losses."
English
"Successful trading is not about being right all the time, it's about cutting your losses and letting your winners run."
English
"You don't have to predict the future to make money in the markets. You just have to react to what's happening."
English
"The market will always show you what you want to see, but rarely what you need to see."
English
“You don’t have to know what will happen next in order to make money
Let the law of large numbers work to your advantage”
English
To whatever degree you haven’t accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully.
ACCEPT THE RISK
- Mark Douglas
English