AIMS FX

“Frankly, I don’t see markets; I see risks, rewards, and money.”

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

“If you personalise losses, you can't trade.”

“Do more of what works and less of what doesn’t”

“I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.”

“It’s ok to be wrong; it’s unforgivable to stay wrong.”

Every trader has strengths and weaknesses. Some are good holders of winners but may hold their losers a little too long. Others may cut their winners a little short but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.”

“In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”

“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 cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.”

“In trading/investing, it’s not about how much you make but rather how much you don’t lose.”