Victor Sperandeo famous quotes

Last updated: Sep 5, 2024

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.
-- Victor Sperandeo

#Emotional #Keys #People
Investing in the market without knowing what stage it is in is like selling life insurance to 20 year olds and 80 year olds at the same premium.
-- Victor Sperandeo

#Business #Years #Knowing
The key to building wealth is to preserve capital and wait patiently for the right opportunity to make the extraordinary gains.
-- Victor Sperandeo

#Opportunity #Keys #Waiting
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money tradingâ€¦ I know this will sound like a clichÃ©, but the single most important reason that people lose money in the financial markets is that they don't cut their losses short.
-- Victor Sperandeo

#Cutting #Loss #Emotional
The key to investment success is emotional discipline. Making money has nothing to do with intelligence. To be a successful investor, you have to be able to admit mistakes. I trained a guy to trade who had a 188 IQ. He was on "Jeopardy" once and answered every question correctly. That same person never made a dime in trading during 5 years!
-- Victor Sperandeo

#Mistake #Successful #Emotional
Most people lose money because of lack of emotional discipline -the ability to keep their emotions removed from investment decisions. Dieting provides an apt analogy. Most people have the necessary knowledge to lose weight-that is they know that in order to lose weight you have to exercise and cut your intake of fats. However, despite this widespread knowledge, the vast majority of people who attempt to lose weight are unsuccessful. Why? Because they lack the emotional discipline.
-- Victor Sperandeo

#Exercise #Cutting #Emotional
Once a price move exceeds its median historical age, any method you use to analyze the market, whether it be fundamental or technical, is likely to be far more accurate. For example, if a chartist interprets a particular pattern as a top formation, but the market is only up 10% from the last low, the odds are high that the projection will be incorrect. However, if the market is up 25% to 30%, then the same type of formation should be given a great deal more weight.
-- Victor Sperandeo

#Moving #Odds #Historical
In my opinion, the greatest misconception about the market is the idea that if you buy and hold stocks for long periods of time, you'll always make money. Let me give you some specific examples. Anyone who bought the stock market at any time between the 1896 low and the 1932 low would have lost money. In other words, there's a 36 year period in which a buy-and-hold strategy would have lost money. As a more modern example, anyone who bought the market at any time between the 1962 low and the 1974 low would have lost money.
-- Victor Sperandeo

#Ideas #Years #Long

The actor becomes an emotional athlete.
The actor becomes an emotional athlete. The process is painful - my personal life suffers.
Those seven years in the cloister were the key to my life.
The key to organizing an alternative society is to organize people around what they can do, and more importantly, what they want to do.
A recent report by UNEP and Interpol estimated that between 50 to 90 per cent of logging in key tropical countries of the Amazon basin, Central Africa and South East Asia is being carried out by organized crime. This threatens not only attempts to eradicate poverty and deforestation but also efforts to combat climate change.
The only people who have control over their careers are the ones you see on the covers of magazines. Everyone else is just plodding along making a living. The key is not to live over your means and overdo it.
Language is the key to the heart of people.
You know Nana, I searched and searched, but could never find the key that unlocked the way. And now that I've stopped looking, I've finally found it. Maybe the door will open for me.
People who deal with life generously and large-heartedly go on multiplying relationships to the end.
Science fiction is a field of writing where, month after month, every printed word implies to hundreds of thousands of people: 'There is change. Look, today's fantastic story is tomorrow's fact.

Victor Sperandeo famous quotes

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