Trading can be a very stressful. When our trades do not go to plan and take consecutive losses, it is easy to let emotions take control that can lead to:

Over trading to cover a loss
Cutting a losing trade too early to find the next holy grail trade
Deviating from trading plan and FOMO into a trade
Removing stop loss on a losing trade in hope it will recover (HODL)
Enter a trade that will 100x according to Twitter without doing any research

If YOU have found yourself in this position before, all you might need is a little inspiration, motivation and guidance from successful traders and investors. I can say for sure that it has certainly helped me over the years.

With that said, here are this week's 5 quotes and sayings from successful traders:

“There is a huge difference between a good trade and good trading.”

– Steve Burns

Do more of what works and less of what doesn’t.

- Steve Clark

“If you can’t take a small loss, sooner or later you will take the mother of all losses.”

– Ed Seykota

“Hope is a bogus emotion that only costs you money.”

– Jim Cramer

“All you need is one pattern to make a living.”

– Linda Raschke

5 Quotes From Successful Traders [#2]

“There is a huge difference between a good trade and good trading.”

Do more of what works and less of what doesn’t.

“If you can’t take a small loss, sooner or later you will take the mother of all losses.”

“Hope is a bogus emotion that only costs you money.”

“All you need is one pattern to make a living.”