Classic quotes from Wall Street tycoons
🥹Trading seems simple but not easy. Only traders themselves understand the taste of it
1️⃣"The early stage of the trend is the head of the fish, and the end of the trend is the tail of the fish. The stage where we really need to eat hard in trading is the body of the fish" - Livermore
2️⃣"People come to the speculative market for different purposes. Some come for fun. Because frequent trading itself brings pleasure, only a very small number of people come to make profits. They need to control their trading impulses at all times" - Turtle Rule Dennis
3️⃣"Most of the market conditions are not worth participating in. When you feel that both long and short positions are at a loss, the best strategy is not to do it. Being dumbfounded is the highest level of trading" - Soros
4️⃣"In the market, longs can make profits, shorts can also make profits, but slippery ones will die sooner or later" - Peter Lynch