Tuesday, December 18, 2007

Trading quotes - Bill Williams

The following quotes are from Bill Williams, from his book Trading Chaos.

“...any time the market is open and moves, 50 percent of all contracts are making money, while 90% of all traders are losing money” pg. 40
“...trading should be fun.” pg. 47
“If you're not having fun trading, you are doing it all wrong.” pg. 47
“Want what the market wants.” pg. 47
“...fear is a mental mistake.” pg. 47
“If you do not leap, you will never know what it is to fly.” pg. 48
“Let go and grow in the market.” pg. 48
“The only thing you lose when you let go of something you are afraid to live without is the fear itself.” pg. 48
“In trading, never accept any emotional or mental suffering as necessary.” pg. 46
“Realize that the 'Holy Grail' is simply wanting what the market wants.” pg. 49