This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $3600 worth. Here are a few of my favorite trading quotes and why I love them."Amateurs think about how much money they can make. Professionals think about how much money they could lose."–Jack SchwagerThe first rule of trading is to protect your capital. The second rule is to grow it. Always play defense and plan for the worst case scenario."I'm only rich because I know when I'm wrong. I basically have survived by recognizing my mistakes."-George SorosThe secret to success in trading is knowing when you are wrong and cutting the loss as quickly as possible. It does not matter if you are right, it matters if you are profitable. Recognize when you are wrong and act immediately."Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."-Warren BuffettInvestors almost always beat traders because they have a long time horizon and endless patience. Those trying to get rich quickly rarely do. To that end, decide on what you want to buy based on decades, not months. Buy it and forget about it."Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."-Warren BuffettI think Warren is telling you to buy the dip! People will buy a stale loaf of 3 day old bread because it is sold for a discount, but are afraid to buy their favorite assets when price dips. If there's a company or coin that you love, buy it when it's on sale and wait."The market can stay irrational longer than you can stay solvent."-John Maynard KeynesWhat you think is going to happen or believe has to happen in the market is irrelevant. The name of the game is to stay alive when the market is doing the unexpected."Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."–Paul SamuelsonInvesting should be boring. It should never feel like gambling. You should never have heightened emotions. If you experience highs and lows in investing, then you are likely overexposed. In This Issue:Trading Quotes To Live ByBitcoin Thoughts And AnalysisAltcoin ChartsInvest Like A Chess Player - 8 Steps AheadWalmart Is HereUS Government To Discuss Mining On January 20thThe Case For Bitcoin In UkraineMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #415 - Trading Quotes To Live By
The Wolf Den #415 - Trading Quotes To Live By
The Wolf Den #415 - Trading Quotes To Live By
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $3600 worth. Here are a few of my favorite trading quotes and why I love them."Amateurs think about how much money they can make. Professionals think about how much money they could lose."–Jack SchwagerThe first rule of trading is to protect your capital. The second rule is to grow it. Always play defense and plan for the worst case scenario."I'm only rich because I know when I'm wrong. I basically have survived by recognizing my mistakes."-George SorosThe secret to success in trading is knowing when you are wrong and cutting the loss as quickly as possible. It does not matter if you are right, it matters if you are profitable. Recognize when you are wrong and act immediately."Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."-Warren BuffettInvestors almost always beat traders because they have a long time horizon and endless patience. Those trying to get rich quickly rarely do. To that end, decide on what you want to buy based on decades, not months. Buy it and forget about it."Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."-Warren BuffettI think Warren is telling you to buy the dip! People will buy a stale loaf of 3 day old bread because it is sold for a discount, but are afraid to buy their favorite assets when price dips. If there's a company or coin that you love, buy it when it's on sale and wait."The market can stay irrational longer than you can stay solvent."-John Maynard KeynesWhat you think is going to happen or believe has to happen in the market is irrelevant. The name of the game is to stay alive when the market is doing the unexpected."Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."–Paul SamuelsonInvesting should be boring. It should never feel like gambling. You should never have heightened emotions. If you experience highs and lows in investing, then you are likely overexposed. In This Issue:Trading Quotes To Live ByBitcoin Thoughts And AnalysisAltcoin ChartsInvest Like A Chess Player - 8 Steps AheadWalmart Is HereUS Government To Discuss Mining On January 20thThe Case For Bitcoin In UkraineMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO