"Every successful trader has figured out a way to keep their discipline and emotions in check."
"I cannot stress enough the importance of risk management. It is the backbone of any good trading strategy and separates traders from gamblers."
"Risk management is going to be one of the main causes of you either blowing your account or staying in the trading game long enough to become consistently profitable."
"Quality over quantity: focus on minimizing the amount of positions you take to reach your goals."
"Making sure you have a consistent entry point gives you a structured execution. Trading gains are built on consistency and discipline."
"Discipline is to me the most important thing in trading."
"You need to develop robotic indifference. Prepare for all market conditions and have a stop loss."
"Trading is a serious business. You'll either learn the pain of discipline or you will learn the pain of loss and regret."
"If you don't have impeccable risk management I promise you if you over leverage you're going to blow your account."
"Discipline in trading: Wait for your trade setup, don't act on emotions."
"Once you hit your daily goal, you can shut it down."
"Trading is not so much about trading every single day, you know? Sometimes I'll have two or three things on watch, sometimes it will materialize, might not take a trade for two or three days."
"I think one of the hardest things to do, especially when you're in a higher volatility environment, is that line between are you being patient and letting the play develop versus are you just not sticking to your trading plan."
"If it never hits none of my strike prices, I'm staying out of the play, there will always be another play."
"A good trade is a trade that you stuck to your rules and you executed your strategy effectively."
"You have to have the self-control not to trade impulsively."
"If you're doing anything other than following your rules I can promise you one thing it's costing you money."
"Now I take it way more serious so I journal every single trade I make."
"You have to have that business attitude, that entrepreneurial mindset."
"Profitable trading is not for the lucky, it's for the disciplined."
"An expert trader always manages his risk, knows where his stop loss is, and takes responsibility for his own actions."
"People don't even know you could have the best system ever created if you don't have discipline in your trading it doesn't matter how good that system is."
"Executing the trade perfectly doesn't mean you'll make money every time, but it does mean you're sticking with the rules."
"Patience and discipline are crucial for waiting for setups with a high probability of success."
"Stick to your trading plan. Mind your risk, mind your reward. Stick to your training plan."
"Using psychology in today's market is not an easy thing to master. It takes a lot of discipline and skill to become a consistent and successful trader." - Jarred Levy
"I only take one trade per time a market gets to an optimal trading zone."
"Essentially if you can't find a way to have an advantage of the market then discipline and risk management matter absolutely zero."
"I will stop over trading in 2021 because I do not want to sabotage myself."
"The most disciplined Traders are usually the traders that trade less and they ultimately make a lot more in money and profits."
"You want to have no emotions purely ruled by Logic charts discipline, and that's the way to succeed."
"I trade only one to two times a day like highly profitable setups that I think like I only take a trade if I'm I'm comfortable with it and then I just go all in more or less."
"You do not create trading opportunities as a professional Trader, I take the opportunities that the market gives me."
"Make sure that if your emotions do kick in at some point... make sure that you reel yourself back in."
"In the moment, I have to make sure that I'm trading the market that's right in front of me and not giving into FOMO."
"Patience is a virtue. Discipline yourself to stick to your strategies, risk management, and psychology."
"You got to trade your plan, plan your trade."
"Watch your position size and understand when it's time to walk away."
"Please stick to whatever your trading plan is, I beg you of that."
"Having the discipline and having the patience to wait for the patterns is really important."
"Elite trading isn't just about the big wins; it's also about the thousands and thousands of trades you manage to avoid over the course of a year."
"Trading is all about discipline, so you really got to wait for setups like this or whatever your A plus setup is and be patient."
"Trading discipline cannot exist for any length of time without real self confidence."
"Be patient, wait for the retest, do not trade in the present, trade in the future. Tell yourself what you're going to do in the future and then when it gets there do it."
"I'm big on not stacking up losing days... if I do, the third day I'm winning."
"Never want to cut my profits short, always want to cut my losses short."
"Once you're able to understand these differences, there is never going to be a day where you blow that account because of a drawdown limit or because of a daily drawdown limit."
"Stay disciplined, stay focused, have a great trading session, and may the markets go with you."
"Being red but following your rules is totally okay; that's why I call it a successful red day."
"The key is to stick with your edge and stay on the right side of the trade."
"Adhere to your risk parameters, I can't say that enough, you know at the end of the day if you don't adhere to your stops, adhere to your risk reward, none of those patterns are going to matter."
"Trading is repeating the same process day in, day out, building your narrative, executing your system flawlessly, and getting the results."
"Every day I will measure my performance not just on the P&L but also on whether or not I was able to follow my rules."
"Scale back until you're barely exposed, and that's how you keep your equity curve as close to those all-time highs as possible."
"Aim for three to six percent losses, as tight as you can without choking off the trade."
"The most important thing as a Trader is knowing when to trade and more importantly when not to trade."
"Overconfidence will lead to you blowing your account, and that is not the goal we're wanting to achieve in our trading."
"Consistent traders are the ones that who actually take that very, very seriously."
"I care about if you executed the trade according to your plan, you respected your risk."
"You have to treat your trading as a business."
"Sometimes you have to learn when to take a step back."
"The best position you could do is just preserve your Capital."
"Trade the market, trade the system, and don't care so much whether you're a swing or day trader; just trade, manage your trade, manage your emotions, and you'll be absolutely fine."
"Stick disciplined to this and I can guarantee that you will be trading for a very long time."
"You can't trade options every day, you can't make 50 trades every day. You have to be composed 95% of the time and not break rules."
"Trading is not a game. If you're not going to trade with discipline, a strategy, and an objective, and most of all patience, then you probably need to do something else because you're only going to fail."
"To be consistently profitable, you have to wait on that setup to come and then let it play out."
"You must obey your stop loss and you must get out when your analysis is wrong."
"I trade stocks that are trending with the direction of the market. I don't counter-trend trade."
"Are you a rules-based trader? Absolutely."
"Patience and discipline. Identify and allow the patterns to completely form and never risk more than 2% of your account per trade."
"Trade when there is opportunity; you don't get paid for your time."
"If you miss your setup, let it be; there's always a next setup, there's always something to trade with a bit of patience."