"The third pillar is self-management. You need self-understanding and self-discipline as a trader so you can execute your trading strategy and money management in a timely and consistent fashion. Your market understanding plus your money management multiplied by self-mastery equals your results. Always remember that the 'you factor' is your multiplier."—Ruth Roosevelt (Exceptional Trading: The Mind Game)

"A man cannot be convinced against his own convictions, but he can be talked into a state of uncertainty and indecision, which is even worse, for that means that he cannot trade with confidence and comfort."—Jesse Livermore (Reminiscences of a Stock Operator)

"I've said it before, and I'm going to say it again, because it cannot be overemphasized: the most important change in my trading career occurred when I learned to DIVORCE MY EGO FROM THE TRADE. Trading is a psychological game. Most people think that they're playing against the market, but the market doesn't care. You're really playing against yourself. You have to stop trying to will things to happen in order to prove that you're right. Listen only to what the market is telling you now. Forget what you thought it was telling you five minutes ago. The sole objective of trading is not to prove you're right, but to hear the cash register ring."—Martin Schwartz (Pit Bull: Lessons from Wall Street's Champion Day Trader)