AMS Publishing Group > Quotes

“I am holding around $50,000 in my trading account and I usually choose 2,000 shares to trade. My daily goal is $500 or around $120,000/year. That is sufficient for my lifestyle. What is your trading goal?”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 2: Day trading is not easy. It is a serious business, and you”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 2: Day trading is not easy. It is a serious business, and you should treat it as such.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 5: Success in day trading comes from risk management - finding low-risk entries with a high potential reward. The minimum win:lose ratio for me is 2:1.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Right tools and services: High-speed Internet service. The best available broker. A fast order execution platform that supports Hotkeys. A scanner for finding the right stocks to trade. Support from a community of traders.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“One Good Trade,”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Your only job as a day trader is to manage risk.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 1: Day trading is not a strategy to get rich quickly.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Day traders trade with much smaller size and can get out of their losing trade for a very small loss. In fact, a good day trader can take numerous losses of as little as one penny. So you must learn to exploit one of your huge advantages. And this means stopping out a stock when it trades against your exit price.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“you wish to be a successful trader, you need to work on changing and developing your personality at every level.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“The behavior of stocks that have high relative volume is independent of the overall market;”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“If trading volume is not higher than normal, it means that the trading is being dominated by institutional traders and high frequency trading computers. Stay away from it.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“There are scientific studies showing that aerobic exercise has a positive effect on the decision-making process.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Professional traders aim to enter the trade during quiet times and take their profits during the volatile times.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Stocks that in the pre-market gapped up or down at least 2% Stocks that have traded at least 50,000 shares in the pre-market Stocks that have an average daily volume of over 500,000 shares Stocks that have Average True Range of at least 50 cents (how large of a range a stock has on average every day) There is a fundamental catalyst for the stock”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Day trading requires proper tools, software and education. As with any business, you must have the right tools to succeed. So what are the basic tools you need for your day trading business?”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Short sellers profit when the price of the stock they borrowed and sold drops. Short selling is important because stock prices usually drop much more quickly than they go up. Fear is a more powerful feeling than greed. Therefore, short sellers, if they trade right, can make astonishing profits while other traders panic and start to sell off.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“With every single trade you make, you should always ensure that at least 98% of your account is protected.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 9: Hollow candlesticks, where the close is greater than the open, indicate buying pressure. Filled candlesticks, where the close is less than the open, indicate selling pressure.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 4: Always ask, “Is this stock moving because the overall market is moving, or is it moving because it has a unique fundamental catalyst?”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Others decide to become involved in trading because they think it will be fun or entertaining, or an interesting hobby of some kind. They might be drawn to trading because they consider it a “cool” thing to do, something that will bring them prestige or perhaps make them more attractive to others.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Profitable traders usually make only two or three trades each day. They then cash out and enjoy the rest of their day.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Do not judge your trading strategy based upon one trade. Executing your plan, and being disciplined, will lead to long-term success.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“I don’t trade stocks with an average daily volume of less than 500,000 shares.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“When stock is traded above the VWAP, it means that the buyers are in overall control of the price and there is a buying demand on the stock. When a stock price breaks below the VWAP, it is safe to assume that the sellers are gaining control over the price action.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“You must always be continuing your education and reflecting upon your trading strategy. Never stop learning about the stock market. The market is a dynamic environment and it’s constantly changing.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Many traders think a good trading day is a positive day. Wrong. A good trading day is a day that you were disciplined, traded sound strategies and did not violate any trading rules. The normal uncertainty of the stock market will result in some of your days being negative, but that does not mean that a negative day was a bad trading day.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“Rule 7: Retail traders trade only Stocks in Play, high relative volume stocks that have fundamental catalysts and are being traded regardless of the overall market.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“confidence in trading doesn’t arise from being right and profitable in all of your trades, it comes from surviving the occasions of being wrong and losing money.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners

“By failing to prepare, you are preparing to fail.”
― AMS Publishing Group, Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners