Quotes That Hit Different in This Market
7 Timeless Trading Lessons for Today’s Wild Price Action
Ok, so here’s my take on tariffs and the recent rip…
Just kidding. The last thing you need is another opinion on that mess!
And I know you barely have time to eat lunch right now, let alone read a long email.
So…
I’ll leave you with a few timeless quotes to reflect on, especially as we navigate this wild market.
TIMELESS TRADING QUOTES
1. Jesse Livermore
“The big money is not in the buying and the selling… but in the waiting.”
→ Emphasizes patience and timing – knowing when not to trade is just as powerful. Very apt right now.
2. Paul Tudor Jones
“I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms, and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I’ve made a lot of money at tops and bottoms.”
→ Timing the turning points — contrarian entries when others are late. But with caution! Maybe now is not the best time to explore that style…
3. Stanley Druckenmiller
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong – and timing is a big part of that.”
→ Your timing amplifies or destroys the P&L profile of a trade. Pick your spots carefully, and that means sitting on your hands a lot.
4. Marty Schwartz (Pitbull)
“I always laugh at people who say, ‘I’ve never met a rich technician.’ I love that! It’s such an arrogant, nonsensical response. I used fundamentals for nine years and got rich as a technician.”
→ Schwartz was known for timing entries with price confirmation – technical tools can give you the ‘when’. Consider a filter + trigger approach.
5. Jason Shapiro
“It’s not about what the news says – it’s about how the market reacts. That’s where timing comes in.”
→ A fan favourite and for good reason. His contrarian timing is based on unexpected price reactions to expected news. Well worth thinking about in this current headline-driven environment.
6. Mark Minervini
“The difference between a good trade and a great trade is timing.”
→ He’s big on tight entries and waiting for the right trigger condition.
7. Linda Raschke
“Good timing comes from a feel for the rhythm of the market. You can’t teach it – you develop it by watching price action for thousands of hours.”
→ Timing is intuition built through repetition. Screentime is priceless.
That’s it. Just a few reminders from the greats while we navigate this headline-driven, rhythm-shifting, patience-testing tape.
Stay sharp. Stay selective.