What are some of the most cliche trading quotes/mantras you’ve read or heard?

[fibo_trader]

“No passion is stronger in the breast of a man than the desire to make others believe as he believes. Nothing so cuts at the root of his happiness and fills him with rage as the sense that another rates low what he prizes high.”
― Virginia Woolf, Orlando

For example, Fibo and the Golden Ratio 🙂 🙂 🙂

 

[fibo_trader]

When there is blood in the streets and everyone is terribly fearful and bearish, BUY
When there is euphoria and complacency and giddy optimism, SELL
Warren Buffet
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T2W & ET are in perennial gross violation of Warren's Law.

 

[fibo_trader]

When there is blood in the streets and everyone is terribly fearful and bearish, BUY
When there is euphoria and complacency and giddy optimism, SELL
Warren Buffet
--------------------------------------------------

T2W & ET are in perennial gross violation of Warren's Law.

A Logarithmic trendline thru' the top/bottom of the 4th wave, when broken is the signal to SELL/BUY & wait to go the other way
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This is of great value because Warren's Law does not have the timing element in precise form, only in STANCE. The trendline break however gives one a defo entry/exit abs. precise and unambiguous.

Fibo has therefore blasted Warren's Law out the park = improved upon it a billionfold by adding the correct timing element

 

[fibo_trader]

A Logarithmic trendline thru' the top/bottom of the 4th wave, when broken is the signal to SELL/BUY & wait to go the other way
---------------------------------------------------------

This is of great value because Warren's Law does not have the timing element in precise form, only in STANCE. The trendline break however gives one a defo entry/exit abs. precise and unambiguous.

Fibo has therefore blasted Warren's Law out the park = improved upon it a billionfold by adding the correct timing element

Therefore applying Warren + Fibo together into one cohesive attack strategy for the Dow Jones we get the weekly chart below. Trend still up

 

[fibo_trader]

There are lot of them and they aren't bad. Moreover, I like to recall them and repeat them to other traders. However, such phrases as "you should have a plan". "you should learn to control your emotions", "you need to learn before to trade", "you should keep calm and trade, never fall in greed" and many others are just cliche, as that's easy to say "don't be so", but that's really hard to overcome such things. This is not things that people gain, that's each person nature and you cannot just say "be calm and don't care about losses", but that doen't help person to keep calm. So these phrases are usefull, but they are commonly-used and cliche.

Q.E.D.
But that is all you will get at T2W