Financial Trading Gurus at their best. Join the eToro Guru Program


Trading Pearls of Wisdom

These classic trading widoms have stood the test of time. The list was compiled and used as a collection of rules from classic trading literature throughout the twentieth century. Add these pearls to your trading and investing toolbox.


  • You are what you think

  • Dream big, think tall, set exciting goals

  • Have a trading plan, know it well, follow it

  • Plan your trade, trade your plan

  • The most difficult task in speculation is not prediction but self-control

  • For losing trades, when the ship starts to sink, don't pray - jump!

  • Expect and accept losses, the next opportunity awaits

  • Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker

  • You are the most important factor in the equation for success

  • Be a disciplined trader, always follow your system rules

  • Continually strive for patience, perseverance, determination, and rational action

  • Use every loss to improve your knowledge of market action

  • Keep detailed records of all trading results

  • Have self-belief, a positive attitude and trust your judgement

  • Continuously set higher trading goals

  • Buy on bad news, sell on good news

  • Buy high, sell higher

  • Schedule time to study the market

  • Make your own trading decisions, don't follow the herd

  • Never enter a trade without a stop loss

  • Never move a stop loss once placed, unless in the direction of profit

  • Never get into a trade because you are anxious from waiting




Additional information