10 Quotes About Trading To Make You better

10 Quotes To Inspire You To Become A Better Trader

Quotes About Trading

Given the mentally trying nature of trading, you really can use all the support and motivation you can get. These ten quotes about trading offer inspiration and insight that can help you stay with it during the hard times and inspire you to become a better trader.

Download the key points of this post as PDF.

Trading is not for the faint of heart and we must always remember that 90% of traders lose, so preparation is key. Even with a lot of hard work and preparation, it can be a challenging profession at times, fraught with risk and potential loss. However, the benefits and financial rewards can make it all worthwhile for those who are up to the challenge.

1. “All our dreams can come true, if we have the courage to pursue them.” – Walt Disney

What is truly holding you back from realizing your dreams? Honestly, in most cases, it’s the individual in question who is holding him or herself back. While many are quick to give all kinds of excuses, really, it comes down to believing in yourself and having the courage to go after what you want. That is no small feat, but if you do have the courage, the rewards can be staggering, both financially and personally, in terms of your self worth. By enrolling in the Tim Sykes Millionaire Challenge, you can gain the skills and confidence to move forward toward financial freedom.

2. “The starting point of all achievement is desire.” – Napoleon Hill

Before you can become a millionaire, you need to want to become a millionaire. So, my question is this: how badly do you want it? There are definite indicators that you are ready to embark on your journey toward success: one of the most powerful is that you want it. From there, it’s a matter of figuring out how to make it happen.

3. “You must expect great things of yourself before you can do them.” – Michael Jordan

To get serious about becoming a better trader and attaining more financial success, you must define what success means to you. What are your goals? What do you hope to achieve in life? By defining these goals, you’ll be defining the great things that you expect of yourself. It’s necessary to do this before you can attain these great things. I put a huge emphasis on goal-setting with members of the Tim Sykes Million Challenge team.

4. “The only place where success comes before work is in the dictionary.” – Vidal Sassoon

This is just so true. Simply wanting to become rich or become a trader won’t make it true. You have to be willing to do what is necessary to get there. Sometimes, this can put you in an uncomfortable place where you’ll be a  beginner and will have to learn new skills from scratch. Remember, you are working toward your goals.

5. To be successful you must accept all challenges that come your way. You can’t just accept the ones you like. – Mike Gafka

Listen up to that last quote about trading. It can be easy to embrace the parts of trading that come naturally to you. However, this can’t be at the expense of overlooking necessary tasks or forgoing continued self improvement. You need to adopt the good habits of successful traders: educating yourself, doing research, and keeping an eye on the market, to name a few. Without equipping yourself to deal with things, you’ll be keeping yourself from getting ahead.

6. “If you can’t explain it simply, you don’t understand it well enough.” – Albert Einstein

There is never a point at which you know trading inside and out. Times change, the market changes and you must remain nimble. You must keep on learning. That having been said, there are certain aspects of trading that practice can make perfect. I have devoted my life to training and have learned things in such a way that I can easily pass them on to others. My Millionaire Challenge was designed so that I could have a forum to pass on my understanding of the market so far, in hopes that it will help you on your way.

7. “I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas A. Edison

If you look at your so-called “failures” as being life shattering events, you won’t last long as a trader. Mistakes, money lost, bad decisions: they’re things that happen to all traders, whether they have been trading for a month or 50 years. The hope is that as you make mistakes, you learn from them and don’t make the same one twice.

8. “Failure is the condiment that gives success its flavor.” – Truman Capote

This goes hand in hand with the last quote and sentiment. As noted above, when you experience a so-called failure, it can be a powerful teacher. This can in the long run make you a stronger trader, and it also teaches you a powerful lesson about gratitude. When you do pass that million dollar mark, you won’t take it for granted. You will see it as the culmination of so much of what you’ve done and learned.

9. “If you’re going through hell, keep going.” – Winston Churchill

Trading gets hard sometimes. There will be natural ebb and flow, but sometimes it feels like you’re on a downward spiral.

Times like these are when you show your true character as a trader. Do you want to be known as the one who gave up when things got tough? Or to be seen as the visionary who was able to stick it through and made big profits in the long run? You decide.

10. “Success is…knowing your purpose in life, growing to reach your maximum potential, and sowing seeds that benefit others.” – John C. Maxwell

There’s a reason why I give so much to charity, and it’s not for great instagram shots. It’s because I have been fortunate enough to make a lot of money as a trader, and it’s the right and responsible thing to do to help others get ahead in the world. A better world means more opportunities and more success for more people. This is not such a bad thing.

Becoming a successful trader requires vision, tenacity, and plenty of hard work. By reading through these ten tidbits of wisdom, hopefully you’ll have more clarity on your trading journey.

Which of these is your favorite inspirational quote about trading? Everyone is influenced differently so there’s no wrong answer, but please leave a comment below and tell me which one you like best!

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89 comments

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  1. Jaja

    The starting point of all achievements is desire .
    Success is knowing your purpose in life. Growing to reach your maximum potential, & sowing seeds that benefit others. Those 2 are #1

  2. Nick

    #6…Practice does not make perfection. Some people can hit a baseball their whole life and never hit a home-run. Until you practice with someone who HAS perfected hitting home runs, your practice could be futilely wasted. So “Perfect makes practice.” By practicing with someone who has perfected the method, you will be practicing a perfected way.

  3. Katherine Crawford

    My favorite is the John Maxwell quote. Especially “sowing seeds that benefit others” The reason I am in your program is because I was so impressed with your generous spirit…. ok and I must also confess I love to travel to ancient spiritual sites and know it will soon be possible. Thank you

  4. michael robinson

    as you care, so then shall your art of investing be most beautiful…blessings..m…every student a teacher and every teacher a student…blessings..m…a person who shares what he has before he becomes financially rich will then make even greater iinvestments in caring for those in need as he then becomes more financially able. and the two together are impossible to defeat because then no amount of money nore lack of it can destroy the passion of caring for the presence of financial riches as the love of money is not in him…blessings..m080317..m

  5. Eric

    If you can’t explain it , you don’t understand it well enough … and going through hell , keep going …
    In order to truly master the skill, you need to be able to explain it to others … Once you can explain it, to everyone from neuroscientist to toddlers , you will you begin to master the skill …. It takes many frustrations , lost money, sleep, and time to get through the gates of hell and back again unscathed. Sometimes you will get hurt financially, but you have the power to overcome it that you didn’t have before making the effort and taking the journey

  6. Meseret

    honestly I like them all however, the most I influential quote I found is Albert ainsteins quote which is ” if you can’t explain it simply , you don’t understand it well enough

  7. OceanRider

    This one really resonates with me “If you are going through hell, keep in going”. This is the one that really applies right now. I always tell my young kids that life is not fair and that tough times make a person. This is the fabric that defines character and where perseverance comes from. The best part of tough times is getting through them and the next best part is never forgetting them so that we can appreciate the food times.

  8. Fred Becker

    Definitely 10 Great Quotes to learn and live by in acquiring all my goals and learning and acquiring the mindset of a professional trader. Thank you. Tim!

  9. Greg Halliwill

    I like #9 If your going through hell, keep going. Power through the difficult times and learn from them. Stay positive.

  10. Nick Forkes

    “If you are going through hell keep going” It brought a vision of a train stop at hell but there are plenty more stops to get off on further along the track past hell. We just need to stay on the train because the last stop is success!
    I have been learning buying the dip with mixed results but i have had great results shorting the dip recently, so things are looking up!

  11. Rafael Michael Soto

    #10: it’s all about making others way more successful than yourself! And then money and happiness are the side effects from that! ~James Altucher

  12. Lenka

    “If you’re going through hell, keep going.” – Winston Churchill

    As an absolute new student in Millionaire Challenge with zero knowledge and experience in trading it´s time to time really hell 🙂
    Thank you Tim for all!

  13. Tim Vaughn

    Number 10. Anytime we do something to benefit another person we automatically do something to benefit ourselves. Your generosity of spirit inspires me everyday. Thanks Tim.

  14. Anonymous

    #3: “You must expect great things of yourself before you can do them.” – Michael Jordan

  15. Maras

    I am a big believer of Napoleon Hill – So I believe it is all in your mind. As long as you believe in yourself, the world is yours

  16. Vic Siever

    10 is the most inspiring to me. Love John Maxwell. All are great quotes to hang on your mirror while you’re getting ready for a successful day of learning and prospering!!! Thank you Tim and may God continue to bless you in all you do…..

  17. Curt G Parker

    You know how much I love quotes and how they resonate with me. Thanks, Tim
    Add this one, ” The best is yet to be, the last for which the first was made.”- Browning

  18. Joey Joffrion

    To be successful you must accept all challenges that come your way. You can’t just accept the ones you like. – Mike Gafka

  19. James Anthony

    #3, “You must expect great things of yourself before you can do them.” I chose this quote because no matter what pass to success one chooses it has to start with oneself. They are all great quotes; I wrote them all down in my notebook. Thank you.

  20. Natalie

    If you can’t explain it simply, you don’t understand it well enough! When ever I learn something new, including trading, I talk to myself as if I was teaching a class and teaching others how to trade. If I can’t explain a logical risk, entrance, exit, etc. (going through all the trader checklist) It’s not a good trade to be in.

  21. Vaytzman

    “You must expect great things of yourself before you can do them.”
    my favorate!
    i allways pay attention first to re-program the sub-contiuos mind to see and aim much clearer to my goals and with that i’ll add “the bigger your dream is, the harder the grind” Eric Thomas.
    have a great weekend!

  22. Sunny

    I love them all but the one at the moment is Winston, cause it feels like I am in
    hell at the moment and just headed for heaven!

  23. Barbara

    “Failure is the condiment that gives success its flavor.” – Truman Capote
    I like this because you can fail and keep trying, or you can fail and run…

  24. Suzanne

    Honestly, I like them all. My 3 favorites are from Walt Disney, Michael Jordan, and Mike Gafka.

  25. David

    My favorite quote is:
    10. “Success is…knowing your purpose in life, growing to reach your maximum potential, and sowing seeds that benefit others.” – John C. Maxwell
    It covers all the aspects of sprouting yourself to your maximum level and becoming reciprocal to others as you get hit by success. This quote should be a rule of life!

  26. tomfinn92

    Tim, I saw quote #4 attributed to Vince Lombardi. Whether it was Vince Lombardi or Vidal Sassoon, I agree that hard work is necessary to achieve success!

  27. Bravozulu76

    8. “Failure is the condiment that gives success its flavor.” – Truman Capote

    This goes hand in hand with the last quote and sentiment. As noted above, when you experience a so-called failure, it can be a powerful teacher. This can in the long run make you a stronger trader, and it also teaches you a powerful lesson about gratitude. When you do pass that million dollar mark, you won’t take it for granted. You will see it as the culmination of so much of what you’ve done and learned.

  28. Keith Elliott

    Dare I be bold enough to add a quote by Enzo Ferrari?
    What man can conceive, he can achieve.

  29. KARAN RIAR

    All My fav motivational quotes at one place. Feels like I just know you from past life or something. Same thinking. Same motivation. Same Thought process. Help Self first and help others. Give more joy to the world.

  30. Andy Brennan

    Although all of the quotes were inspirational. The one that stood out to me is # 4 The only place success comes before work is in the dictionary. To many people don’t want to believe this because all they think successful people do is what they are told by the media and society. I have not met one successful business owner or entrepreneur that hasn’t worked there but off to get where they are. I am excited, motivated and at the same time terrified to take this journey into penny stock trading. However, I will work my tail of educating myself long before i make my first trade.

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  33. Elaine

    If you can’t explain it simply, you don’t understand it well enough …. which I am adding to another favorite ‘Keep It Simple Sweetheart’ (KISS)

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