A Quote by Alexander Elder

The goal of a successful trader is to make the best trades. Money is secondary. — © Alexander Elder
The goal of a successful trader is to make the best trades. Money is secondary.

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The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.
I'm not a free trader, but I am a free trader, but I'm also a fare trader and a smart trader. I want to make sure that the United States gains something. So I think you would probably agree.
There is a clear goal and it isn't to make money. The goal is to desperately try to make the best products we can. We are not naive - if you trust it, people like it, they buy it and we make money. This is a consequence.
Money is misunderstood. The fact is if you want to be successful - the money will follow you. If you are a doctor, something else will follow you. If you are successful there is an accompaniment. If your goal is just to make money you won't succeed. Money is a commodity to use, not to be dictated by.
Money is misunderstood. The fact is if you want to be successful - the money will follow you. If you are a doctor, something else will follow you. If you are successful, there is an accompaniment. If your goal is just to make money, you won't succeed. Money is a commodity to use, not to be dictated by.
We are really pleased with our revenues but our goal isn't to make money. It sounds a little flippant, but it's the truth. Our goal and what makes us excited is to make great products. If we are successful people will like them and if we are operationally competent, we will make money.
The best way to make money is not to have money as your primary goal. I've seen great people come into the business world primarily motivated to make money. Almost without exception they failed.
Our goal isn't to make money. Our goal absolutely at Apple is not to make money. This may sound a little flippant, but it's the truth. Our goal, and what gets us excited, is to try to make great products.
Our goal is to desperately make the best products we can. We're not naive. We trust that if we're successful and we make good products, that people will like them. And we trust that if people like them, they'll buy them. And we figured out the operation and we're effective. We know what we're doing, so we'll make money, but it's a consequence.
Successful people make money. It's not that people who make money become successful, but that successful people attract money. They bring success to what they do.
For a lot of filmmakers, their first goal is to be successful and make some money. But once people start doing that, the real goal is then to win an Academy Award. Because when they do, they know that their obit is going to start out, "Academy Award winner so-and-so."
For a lot of filmmakers, their first goal is to be successful and make some money. But once people start doing that, the real goal is then to win an Academy Award. Because when they do, they know that their obit is going to start out, 'Academy Award winner so-and-so.'
It is the best of all trades, to make songs, and the second best to sing them.
I find medicine is the best of all trades because whether you do any good or not you still. Get your money.
Regardless of what we think we know and should happen the reality is that a lot of stock action is random. Therefore, money management is crucial if you want to be successful as a trader. To me, it`s the cornerstone of both making a living at trading and building wealth.
Apple's goal isn't to make money. Our goal is to design and develop and bring to market good products... We trust as a consequence of that, people will like them, and as another consequence, we'll make some money. But we're really clear about what our goals are.
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