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TraderFlorida

@TraderFlorida

25,715
Followers
1
Following
3,254
Media
62,773
Statuses

Professional Trader / Educator - Mentor to Thousands

Islamorada, Florida Keys
Joined December 2008
Don't wanna be here? Send us removal request.
@TraderFlorida
TraderFlorida
10 months
“We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons.” - Jim Rohn
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@TraderFlorida
TraderFlorida
3 years
If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much.
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@TraderFlorida
TraderFlorida
2 years
Try and recall all the big losses you ever had. Then remember that every one of them – without exception – could have been avoided if you had been wise enough to accept a small loss when the stock went against you.
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@TraderFlorida
TraderFlorida
1 month
If your stock is not acting the way it should, then get out. It doesn’t matter how good the stock looked yesterday, what matters is what the stock is telling you now. Remember, pay close attention to price and volume and act accordingly.
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@TraderFlorida
TraderFlorida
3 years
After spending many years in Wall Street and after making and losing millions of dollars, I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! - Jesse Livermore
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@TraderFlorida
TraderFlorida
2 years
The only fundamental factor that really counts in the stock market is The Law of Supply and Demand.
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@TraderFlorida
TraderFlorida
3 years
It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance. - Jesse Livermore
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@TraderFlorida
TraderFlorida
2 years
The only certainty in trading is the ability to look back at a chart and see the ideal trade. Everything else is uncertainty. Once you accept uncertainty, you begin to accept risk. Once you learn to manage risk, then and only then do you learn how to trade.
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@TraderFlorida
TraderFlorida
2 years
Most traders fear of missing out, so they end up destroying their returns by not being able to sit and wait for the best setups.
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@TraderFlorida
TraderFlorida
3 years
90% of people think they understand the market and 90% of people rely on the news! This is purely a mental business – Ruled by emotions. You need to train your mind to overcome your emotions. That’s a critical part of becoming a successful trader.
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@TraderFlorida
TraderFlorida
2 years
There will come a day in your trading when you will accept that you know nothing and you will start to see everything
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@TraderFlorida
TraderFlorida
1 year
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money. I don’t think you can consistently be a winning trader if you’re banking on being right more than 50 percent of the time. You have to figure out how to make money being
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@TraderFlorida
TraderFlorida
1 year
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money. The best traders know that patience is the key to making successful trades. Don’t trade too often and avoid overtrading.
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@TraderFlorida
TraderFlorida
3 years
You should either make a business of trading or else not try to be a trader. You cannot be successful at trading any more than you can be at mining, manufacturing, doctoring or anything else, unless you are trained for it.
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@TraderFlorida
TraderFlorida
3 years
When the pain exceeds the pain to change you will change.
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@TraderFlorida
TraderFlorida
2 years
Want to be in the 1% money earners? Have the patience to wait for the right setups and sit tight. Patience is so hard for most traders to learn but enough losses and we finally learn. Patience and discipline are missing for most that lose money. Be accountable to yourself.
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@TraderFlorida
TraderFlorida
3 years
Jesse Livermore used to only focus his attention on the (leading stocks). Stocks that trade $100.00+ or higher with an average daily volumes in the millions of shares are the ones that institutional traders are trading. The BIG MONEY is made going long the market leaders.
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@TraderFlorida
TraderFlorida
2 years
Your job as a trader is to wait for the best setups. Money is made being patient and not chasing trades everyday.
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@TraderFlorida
TraderFlorida
2 years
If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much.
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@TraderFlorida
TraderFlorida
3 years
90% of people think they understand the market and 90% of people rely on the news! This is purely a mental business – Ruled by emotions. You need to train your mind to overcome your emotions. That’s a critical part of becoming a successful trader.
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@TraderFlorida
TraderFlorida
2 years
Try and recall all the big losses you ever had. Then remember that every one of them – without exception – could have been avoided if you had been wise enough to accept a small loss when the stock went against you.
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@TraderFlorida
TraderFlorida
3 years
Try and recall all the big losses you ever had. Then remember that every one of them – without exception – could have been avoided if you had been wise enough to accept a small loss when the stock moved against you.
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@TraderFlorida
TraderFlorida
6 months
$NVDA - next suggested buy entry when clears $746.10 on heavy volume. Projected price target $941.00 area.
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@TraderFlorida
TraderFlorida
1 year
You may think that trading is all about making money. Yes, the ultimate goal is to make money, but you can’t make a dime if you lose your capital. So, the primary goal is to protect your capital.
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@TraderFlorida
TraderFlorida
14 days
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. - Jesse Livermore
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@TraderFlorida
TraderFlorida
2 years
Try and recall all the big losses you ever had. Then remember that every one of them – without exception – could have been avoided if you had been wise enough to accept a small loss when the stock went against you.
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@TraderFlorida
TraderFlorida
2 months
The big money is made holding the top market leaders. Consider holding only the best. I never made big money as a daytrader.
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@TraderFlorida
TraderFlorida
2 months
The only certainty in trading is the ability to look back at a chart and see the ideal trade. Everything else is uncertainty. Once you accept uncertainty, you begin to accept risk. Once you learn to manage risk, then and only then do you learn how to trade.
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@TraderFlorida
TraderFlorida
2 years
Markets are driven by two emotions – Fear and Greed. When the market is greedy, you get an uptrend. When the market is fearful, you get a downtrend. And when the market is undecided, you get a consolidation or basing markets.
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@TraderFlorida
TraderFlorida
9 months
Formal education will make you a living. Self education will make you a fortune.
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@TraderFlorida
TraderFlorida
1 year
The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think. - Jesse Livermore
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@TraderFlorida
TraderFlorida
2 years
When a trader struggles, it’s usually because your conviction is weak. You aren’t sure. Successful traders live and die by their conviction. Very rarely do they take trades against their trading plan.
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@TraderFlorida
TraderFlorida
2 years
You should either make a business of trading or else not try to be a trader. You cannot be successful at trading any more than you can be at mining, manufacturing, doctoring or anything else, unless you are trained for it.
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@TraderFlorida
TraderFlorida
2 months
Traders often think they know what the market will do next. This is one major reason why 99% fail. You know nothing, accept it.
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@TraderFlorida
TraderFlorida
3 years
The only thing to do when a person is wrong is to be right, by ceasing to be wrong. Cut your losses quickly, without hesitation. Don’t waste time.
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@TraderFlorida
TraderFlorida
1 month
Your best trades will work right away. The ones you have to fight with are usually trouble.
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@TraderFlorida
TraderFlorida
2 years
It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.
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@TraderFlorida
TraderFlorida
6 months
When a trader struggles, it’s usually because your conviction is weak. You aren’t sure. Successful traders live and die by their conviction. Very rarely do they take trades against their trading plan or against their bias opinion.
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@TraderFlorida
TraderFlorida
2 months
Want to be in the top 1% earners that succeed in trading? Have the patience to wait for the right setups and sit tight.
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@TraderFlorida
TraderFlorida
2 years
The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think. Jesse Livermore
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@TraderFlorida
TraderFlorida
3 years
“Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn...”. Jesse Livermore
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@TraderFlorida
TraderFlorida
1 year
There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win.
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@TraderFlorida
TraderFlorida
9 months
Failure is not a single, cataclysmic event. We do not fail overnight. Failure is the inevitable result of an accumulation of poor thinking and poor choices. To put it more simply, failure is nothing more than a few errors in judgment repeated every day.
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@TraderFlorida
TraderFlorida
9 months
“Don't wish it was easier, wish you were better. Don't wish for less problems, wish for more skills. Don't wish for less challenge, wish for more wisdom.”
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@TraderFlorida
TraderFlorida
2 months
What if a pro soccer player skipped every practice – would he succeed? Same with trading – you must constantly be studying charts, doing your homework. Rookies want to jump into a trade because it is up for the day instead of doing their homework. I’ve learned in this biz once
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@TraderFlorida
TraderFlorida
6 months
Trading will be your hardest job ever, can’t be successful without putting in the time.
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@TraderFlorida
TraderFlorida
9 months
If you really want to do something you’ll find a way. If you don’t, you’ll find an excuse.
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@TraderFlorida
TraderFlorida
2 years
The door is never big enough when the selling begins.
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@TraderFlorida
TraderFlorida
9 months
Take full responsibility for what happens to you. it's one of the highest forms of human maturity, accepting full responsibility. it's the day you know. you've passed from childhood to adulthood.
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@TraderFlorida
TraderFlorida
2 years
When the pain exceeds the pain to change you will change!
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@TraderFlorida
TraderFlorida
2 months
Being able to spot the leaders is one strength – but having the ability to stay with them and allow them to run is another strength.
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@TraderFlorida
TraderFlorida
9 months
Every day, stand guard at the door of your mind, and you alone decide what thoughts and beliefs you let into your life. For they will shape whether you feel rich or poor, cursed or blessed.
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@TraderFlorida
TraderFlorida
2 months
When the pain exceeds the pain to change, you will change.
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@TraderFlorida
TraderFlorida
9 months
Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else’s hands, but not you. - Jim Rohn
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@TraderFlorida
TraderFlorida
1 month
Once you accept that you don’t know what will happen next, you stop the random rewards trap and start reading the clues the market provides.
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@TraderFlorida
TraderFlorida
2 years
When in doubt, stay out. If you are in, and grow doubtful, get out.
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@TraderFlorida
TraderFlorida
2 years
$GOOG - next suggested buy entry when clears $120.45 on volume. Projected price target $138.00 area.
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@TraderFlorida
TraderFlorida
2 years
Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you.
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@TraderFlorida
TraderFlorida
6 months
It’s important you stick to your winning strategy, in good times and bad. When the market is not acting right. Overtrading is one of the most difficult issues to overcome even for the most seasoned traders.
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@TraderFlorida
TraderFlorida
3 years
The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think. Jesse Livermore
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@TraderFlorida
TraderFlorida
2 years
Many traders think it is better to trade cheap stocks – they are cheap for a reason. THEY DO NOT LEAD!
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@TraderFlorida
TraderFlorida
1 month
Always place your focus on the largest gains. Don’t be sucked in by trading for crumbs. Look for huge rewards that can pay big.
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@TraderFlorida
TraderFlorida
9 months
If you took all the money in the world, divided it up equally among everybody, it would soon all be back in the same pockets.
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@TraderFlorida
TraderFlorida
6 months
Most traders are not successful, because lack of understanding, lack of homework, and fear of missing out.
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@TraderFlorida
TraderFlorida
3 years
Remember this - you can only help those that are willing to help themselves
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@TraderFlorida
TraderFlorida
2 months
In trading you can be wrong every day and still make money. The key is how you hold onto your winners, allowing them to run
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@TraderFlorida
TraderFlorida
2 years
A sure way to avoid big losses: Once a week close out every trade that shows a loss. Keep only those which are moving in your favor.
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@TraderFlorida
TraderFlorida
2 months
The minute you become emotionally attached to your money or allow it to dominate your thinking – you will lose sight of the bigger picture or what’s going on in the market.
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@TraderFlorida
TraderFlorida
2 years
A sure way to avoid big investment losses: Once a week close out every investment that shows a loss. Keep only those which are moving your favor.
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@TraderFlorida
TraderFlorida
12 years
One of a handful I studied in my early yrs of trading and developed my own trading edge ,read and study these quotes http://t.co/NrOJiVs4 $$
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@TraderFlorida
TraderFlorida
3 years
A trader never argues with the market. Markets are never wrong, opinions often are.
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@TraderFlorida
TraderFlorida
9 years
Two things define you: Your patience when you have nothing, and your attitude when you have everything.
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@TraderFlorida
TraderFlorida
1 month
If you can’t wait for good setups, you will be ready for them with less cash to trade.
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@TraderFlorida
TraderFlorida
2 years
"If you don't read the newspapers, you are uninformed. If you do read them, you are misinformed." Mark Twain
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@TraderFlorida
TraderFlorida
2 years
We are all slaves to greed. Once you accept that and stop trying to be right, you will find that profits will follow.
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@TraderFlorida
TraderFlorida
8 years
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@TraderFlorida
TraderFlorida
3 years
NEVER defend your losing positions. PRICE / VOLUME is screaming when YOUR WRONG!
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@TraderFlorida
TraderFlorida
3 years
Gratitude is a feeling of thankfulness. It is the practice of noticing and appreciating the positives in the world and particularly our own personal lives. Focusing on what we do have rather than what we don’t can have profound influence on our lives. Enjoy this holiday season.
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@TraderFlorida
TraderFlorida
3 years
This is what makes Bear markets – when you see fast counter trend bounces. THE DOWN SIDE COMES OUT OF NOWHERE!
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@TraderFlorida
TraderFlorida
2 months
Trading will be your hardest job ever, can’t be successful without putting in the time.
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@TraderFlorida
TraderFlorida
1 year
The only certainty in trading is the ability to look back at a chart and see the ideal trade. Everything else is uncertainty. Once you accept uncertainty, you begin to accept risk. Once you learn to manage risk, then and only then do you learn how to trade.
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@TraderFlorida
TraderFlorida
1 year
“Why do you think unsuccessful traders are obsessed with market analysis? They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying to
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@TraderFlorida
TraderFlorida
2 years
TSLA - next suggested short entry when clears $108.25 on heavy volume. Projected price target $50.00 area.
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@TraderFlorida
TraderFlorida
2 years
There are those who think they are studying the market - what all they are doing is studying what someone has said about the market. Not what the market has said about itself.
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@TraderFlorida
TraderFlorida
2 years
There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Jesse Livermore
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@TraderFlorida
TraderFlorida
1 year
The most valuable form of discipline is the one that you impose upon yourself. Don’t wait for things to deteriorate so drastically that someone else must impose discipline in your life. Think about your life at this moment. What areas need attention right now?
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@TraderFlorida
TraderFlorida
6 months
The only certainty in trading is the ability to look back at a chart and see the ideal trade. Everything else is uncertainty. Once you accept uncertainty, you begin to accept risk. Once you learn to manage risk, then and only then do you learn how to trade.
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@TraderFlorida
TraderFlorida
8 years
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@TraderFlorida
TraderFlorida
8 years
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@TraderFlorida
TraderFlorida
2 years
"If we lost, I didn't go out. I stayed in my house, pulled out our old film projector, and looked at all the mistakes we made, I learned from failure. I have NEVER learned from winning." Fran Tarkenton
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@TraderFlorida
TraderFlorida
2 years
“The stock market is never obvious. It is designed to fool most of the people, most of the time.” - Jesse Livermore
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@TraderFlorida
TraderFlorida
3 years
Corrections are great as long as you don't ride them down. Nothing better than stocks coming down for an extended period of time - creating great looking charts and huge moves.
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@TraderFlorida
TraderFlorida
10 months
Many well known professional traders have certain common characteristics. They understand their markets, forwards and backwards. They understand themselves as traders. They are disciplined. They know exactly what they are looking for in the markets for their trades They have
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@TraderFlorida
TraderFlorida
2 years
It really takes focus, determination, homework, concentration and a lot of hours that you have to put in. If you’re not willing to put in the hours – don’t quit your day job.
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@TraderFlorida
TraderFlorida
1 year
The real question to ask yourself every day. Are you guessing or are you trading with an edge?
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@TraderFlorida
TraderFlorida
10 months
When a trader struggles, it’s usually because your conviction is weak. You aren’t sure. Successful traders live and die by their conviction. Very rarely do they take trades against their trading plan or against their bias opinion.
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@TraderFlorida
TraderFlorida
3 years
Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. _ Jesse Livermore
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@TraderFlorida
TraderFlorida
2 years
If you are not willing to learn no one can help you. If you are determined to learn, no one can stop you!!
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