"A successful trader is rational, analytical, able to control emotions, practical, and profit oriented."
Monroe Trout
Author
Monroe Trout is a notable writer whose works explore themes of truth and resilience, often drawing from his personal experiences.
- Born
- January 1, 1940
- Quotes
- 4
- Rank
- #2604
About Monroe Trout
Monroe Trout — Life and Legacy
Monroe Trout is a distinguished writer known for his exploration of truth and resilience through a deeply personal lens. His works often reflect his own struggles, providing a unique perspective on the human experience. Trout's philosophy centers on the idea that authenticity is crucial for understanding and expressing one's truth. He famously stated, 'the truth is a mirror,' suggesting that self-examination is vital for personal growth. This quote encapsulates his belief that confronting our realities can lead to greater resilience. Trout's writing challenges conventional norms, urging readers to embrace their vulnerabilities and seek their own paths to understanding. His emphasis on truth as a foundation for resilience resonates with many, making his insights particularly relevant in today's complex world. By sharing his journey, Trout not only highlights the importance of authenticity but also inspires others to confront their own challenges with courage and clarity.
Quote collection
Monroe Trout quotes
4 quotes — follow a thought to its full quote page.
"Good money management alone isn't going to increase your edge at all. If your system isn't any good, you're still going to lose money, no matter how effective your money management rules are. But if you have an approach that makes money, then money management can make the difference between success and failure."
"Make sure you have an edge. Know what your edge is. And have rigid risk control rules."
"If you have an approach that makes money, then money management can make the difference between success and failure... ... I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential."