Gil Blake Quotes

• First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pressure on weaker human traits and seems to seek out each individual's Achilles' heel.

  Gil Blake

  Winning, Pressure, Firsts

  9 Copy quote

• Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. In my view, losses are a very important part of trading. When a loss happens, I believe in embracing it.

  Gil Blake

  Believe, Loss, Views

  10 Copy quote

• Opportunities change, strategies change, but people and psychology do not change. If trend-following systems don’t work well, something else will. There’s always money being lost, so someone out there has to win.

  Gil Blake

  Winning, Opportunity, People

  8 Copy quote

• If you break a discipline once, the next transgression becomes much easier.

  Gil Blake

  Discipline, Next, Break

  12 Copy quote

• The critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all comes down to: Do your own thing (independence); and do the right thing (discipline).

  Gil Blake

  Discipline, Focus, Personality

  10 Copy quote

• facebook
• twitter
• googleplus
• email
• linkedin