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Inspirational Quotes

  
Education, Life
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1. “Great spirits have always encountered violent opposition from mediocre minds.” – Albert Einstein

2. “Act now. There is never any time but now, and there never will be any time but now.” – Wallace Wattles

3. “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” – Aristotle

4. “The greatest discovery of my generation is that a human being can alter his life by altering the attitudes of his mind.” – William James

5. “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” – Charles Darwin

6. “There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” – Nelson Mandela

7. “In three words I can sum up everything I’ve learned about life: It goes on.” – Robert Frost

8. “You’ve got to win in your mind before you win in your life.” – John Addison

9. “Life shrinks or expands in proportion to one’s courage.” – Anais Nin

10. “An ounce of doing things is worth a pound of theorizing.” – Wallace Wattles

11. “The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” – Winston Churchill

12. “Our ultimate freedom is the right and power to decide how anybody or anything outside ourselves will affect us.” – Stephen Covey

13. “The aim of an argument or discussion should not be victory, but progress.” – Joseph Joubert

14. ”Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved.” – Winston Churchill

15. “Don’t wait for a light to appear at the end of the tunnel Stride down there and light the bloody thing yourself.” – Dara Henderson

16. “Your life does not get better by chance, it gets better by change.” – Jim Rohn

17. “Vision without action is just a dream, action without vision just passes the time, vision with action can change the world” – Nelson Mandela

18. “Only those who will risk going too far can possibly find out how far one can go.” – T.S. Eliot

19. “To live is the rarest thing in the world. Most people exist, that is all.” – Oscar Wilde

20. “Freedom is not the absence of commitments, but the ability to choose yours.” – Paulo Coelho

21. “Conformity is the jailer of freedom and the enemy of growth.” – John F. Kennedy

22. “I am tomorrow, or some future day, what I establish today. I am today what I established yesterday or some previous day.” – James Joyce

23. “I have learned that it’s not WHAT I have in my life but WHO I have in my life that counts.” – Unknown

24. “Go confidently in the direction of your dreams. Live the life you have imagined.” – Henry David Thoreau

25. “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.” – Jim Rohn (more…)

A Blast From the Past-Quotes Relates to Trading

  
  Education
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The quotes alone are worth the price of admission. Here are a few that could be applied to trading. Take a read and think about how each quote relates to trading.

Emerson said, “All is riddle, and the key to a riddle is another riddle.”

Faulkner once said, “Don’t bother just to be better than your contemporaries or predecessors. Try to be better than yourself.”
Einstein once said, “Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”
Samuel Johnson wrote, “Almost all absurdity of conduct arises from the imitation of those who we cannot resemble.”
Shakespeare wrote, “Nothing is so common as the wish to be remarkable.” “When you have eliminated the impossible, whatever remains, however improbable, must be the truth.”
Robert Oxton Bolton once wrote, “A belief is not merely an idea the mind possesses; it is an idea that possesses the mind.”
Nietzsche wrote, “The individual has always had to struggle to keep from being overwhelmed by the tribe.”
Albert Einstein said, “Whoever undertakes to set himself up as judge in the field of truth and knowledge is shipwrecked by the laughter of the gods.”
“The defects and faults of the mind are like wounds in the body; after all imaginable care has been taken to heal them up, still the will be a scar left behind.” French writer François de la Rochefoucauld. “
“It has been said, ‘time heals all wounds.’ I do not agree. The wounds remain. In time, the mind, protecting its sanity, covers them with scar tissue and the pain lessens. But it is never gone.” Rose Kennedy 
Philosopher Kahlil Gibran wrote “Out of suffering have emerged the strongest souls; the most massive characters are seared with scars.”

Mastering the Art…

  
  Education
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“You have all these people trying to come up with formulas to beat the market. The market is not a science. The science may help increase the probabilities, but to excel you need to master the art of trading.”  
– Mark Minervini, Stock Market Wizards
“After a certain high level of technical skill is achieved, science and art tend to coalesce in aesthetics, plasticity, and form. The greatest scientists are artists as well.”

– Albert Einstein

To achieve trading greatness, one must first become an artist. To become a true artist, one must first master the art.
What does it mean to “master the art” of trading? What kind of nuances and subtleties are involved?  What range of experiences, processes, and deep situational knowledge is required?

STOCK MARKET RULES: THERE ARE ONLY TWO!

  
  Education
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The stock market has only two rules, both of which are vague and confusing. It is up to you to make them clear and simple to understand.
 Here are the guidelines:
You must write these rules down so that you will not forget them.
You must always follow these rules.
These rules will never change.
You must keep them forever.
These rules are never to be broken.
You must never add to these rules.
 Here are the rules:
 KNOW WHEN AND WHY TO BUY.
KNOW WHEN AND WHY TO SELL.
 Now, take these rules and develop your trading methodology around them.  (more…)

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