A Quote by Alexander Elder

Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it.

Alexander Elder

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Components Essential Essentials Every Fall Good Good Money Individual Legs Like Logical Management Master Money Money Management Needs Person Psychology Remove Sound Stool System Three Three Legs Together Trading Will Winner

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Alexander Elder
Author
Born: 1950

There are three legs of the stool; spending, entitlements and making the tax code fair and equitable. That's the three legs of the stool. If we do all of those in a responsible, bipartisan way, I think the American people would all be very, very happy.

Claire McCaskill

Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.

Alexander Elder

Like a stool which needs three legs to be stable, mathematics education needs three components: good problems, with many of them being multi-step ones, a lot of technical skill, and then a broader view which contains the abstract nature of mathematics and proofs. One does not get all of these at once, but a good mathematics program has them as goals and makes incremental steps toward them at all levels.

Richard Askey

A wise man had said that your Christian life is like a three-legged stool. The legs are doctrine, experience and practice, which is obedience; and you, will not stay upright unless all three are there. In recent years many Christians have not kept these three together.

J. I. Packer

I have a three-legged milk stool in my office perched on top of a cabinet. It is a great symbol for how to succeed in business. There are three legs: Take care of the customer, have a little fun, make a little money. If you don't do that, it doesn't work, but if you do, it comes together easily.

Larry H. Miller

Wages, investments, and home values are the three legs of the economic stool for most Americans.

Mark McKinnon

Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets.

Alexander Elder

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliché, 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

Now, we love our auto industry. But if we had worked harder on diversifying this economy long ago, then if one of the legs of the stool starts to get wobbly, at least you've got three other legs to stand on.

Jennifer Granholm

[Donald] Trump is the only Republican candidate in the last seven cycles to understand all three legs of the foreign policy stool - the three crucial elements of our foreign policy, what they need to be - and they are trade, war, and immigration.

Rush Limbaugh

Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.

Paul Tudor Jones

Your trading needs to boil down to rules, money management, and that is it.

Michael Covel

There was a stool there, and some fella kept asking me if I wanted to sit down. When I saw the stool sitting there, it gave me the idea. I'll just put the stool out there and I'll talk to Mr Obama and ask him why he didn't keep all of the promises he made to everybody.

Clint Eastwood

There was a stool there, and some fella kept asking me if I wanted to sit down. When I saw the stool sitting there, it gave me the idea. I'll just put the stool out there and I'll talk to Mr. Obama and ask him why he didn't keep all of the promises he made to everybody.

Clint Eastwood

I like to think of climate action as a three-legged stool.

David Titley

Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.

Sebastian Faulks

A Quote by Alexander Elder

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