Mark Douglas Quotes

[Mark Douglas Quotes @why_longg]

“If your goal is to trade like a professional and be a consistent winner, then you must start from the premise that the solutions are in your mind and not in the market.”

- Mark Douglas

[Mark Douglas Quotes @why_longg]

“Learning how to trade without fear is a function of learning how to think in probabilities.”

- Mark Douglas

[Mark Douglas Quotes @why_longg]

“When I put on a trade, all I expect is that something will happen.”

“Anything CAN happen”

-Mark Douglas

[Mark Douglas Quotes @why_longg]

“Why do casinos make consistent money on an event that has a random outcome?”

“Because they know that over a series of events, the odds are in their favor.”

“Develop an edge and execute it, don’t over complicate trading”

- Mark Douglas

[Mark Douglas Quotes @why_longg]

Great example of Thinking in Probabilities

[Mark Douglas Quotes @why_longg]

“Why do you think unsuccessful traders are obsessed with market analysis?”

“They crave the certainty that Analysis tends to give them”

-Mark Douglas

[Mark Douglas Quotes @why_longg]

“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.”

- Mark Douglas

[Mark Douglas Quotes @why_longg]

"You don't have to predict the future to make money in the markets. You just have to react to what's happening."

- Mark Douglas

[Mark Douglas Quotes @why_longg]

@_ALEXGEM That's a great way to look at it

[Mark Douglas Quotes @why_longg]

@KingJonah01 Agreed

[Mark Douglas Quotes @why_longg]

@FranVezz @markminervini In my experience it’s the key to moat’s success

[Mark Douglas Quotes @why_longg]

“The difference between successful and unsuccessful traders is not intelligence or raw talent, it’s discipline”

- Mark Douglas

[Mark Douglas Quotes @why_longg]

"The market is not your enemy, it's your teacher."

[Mark Douglas Quotes @why_longg]

@6ixthsensetrade Buy it

[Mark Douglas Quotes @why_longg]

"The best traders have no ego. You have to swallow your pride and get out of the losses."

[Mark Douglas Quotes @why_longg]

"Successful trading is not about being right all the time, it's about cutting your losses and letting your winners run."

[Mark Douglas Quotes @why_longg]

"You don't have to predict the future to make money in the markets. You just have to react to what's happening."

[Mark Douglas Quotes @why_longg]

"The market will always show you what you want to see, but rarely what you need to see."

[Mark Douglas Quotes @why_longg]

“You don’t have to know what will happen next in order to make money

Let the law of large numbers work to your advantage”

[Mark Douglas Quotes @why_longg]

To whatever degree you haven’t accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully.

ACCEPT THE RISK

- Mark Douglas