Martin Schwartz-top ten trading quotes
I always laugh at people who say “I´ve never met a rich technician”. I love that! It´s such an arrogant, nonsensical response. I used fundamentals for 9 years and got rich as a technician.
Martin Schwartz
Trading must be addressed as a profession, because if you do not treat it as such, those who do will separate yourself from your money very quickly.
Martin Schwartz
Hard work is the primary reason why I´ve become so successful, but hard work is just part of the equation.
Martin Schwartz
On Wall Street, when you tell your boss you´re leaving, they immediately seal all your files, check your briefcase, give you a rectal exam, and escort you to the door.
Martin Schwartz
You have to master your ego and realize that being profitable is more important than being right.
Martin Schwartz
To be a winner you have to be willing to toe the line and pull the trigger.
Martin Schwartz
Preparation pays. It is essential to know more than the other players in the game.
Martin Schwartz
One of the great tools of trading is the stop, the point at which you divorce yourself from your emotions and ego and admit that you´re wrong.
Martin Schwartz
By preserving your capital through the use of stops, you make it possible to wait patiently for a high-probability trade with a low-risk entry-point.
Martin Schwartz
Trading is a psychological game. Most people think they are playing against the market, but the market doesn´t care. You´re really playing against yourself.
Martin Schwartz
Category: Traders
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