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Peter Robbins
@prrobbins
Swing/Trend Trader with 40+ years of experience who likes to share trading ideas and hard learned words of wisdom. Tweets opinions only.
Oakville, Ontario
thewaytotrade.blogspot.com
Joined December 2008
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    Peter Robbins
    @prrobbins
    May 12
    Most traders fail for a simple reason: They underestimate what trading requires. Trading is not about: • secret indicators • easy money • predicting markets It’s about: • discipline • risk management • emotional control • consistency The edge is simple. Executing it
    8.1K
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    Peter Robbins
    @prrobbins
    Apr 17, 2021
    When new traders ask me what to read I often recommend anything by Jack Schwager @jackschwager , Steve Burns @SJosephBurns , Dr Elder , Van Tharp @VanTharp , William O’Neil @williamoneilco and Mark Douglas. Who would you add to the list?
  • user avatar
    Peter Robbins
    @prrobbins
    Sep 6, 2020
    Show me a trader that doesn’t have any losing trades and I will show you a trader who doesn’t trade.
  • user avatar
    Peter Robbins
    @prrobbins
    Nov 16, 2018
    Why is it that people that take four years to get an undergraduate degree think they can master trading during a weekend seminar?
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    Peter Robbins
    @prrobbins
    Jun 5, 2021
    Don’t be discouraged by the fact that only 5% of traders succeed. You have 100% chance of success if you commit to doing what that 5% do.
  • user avatar
    Peter Robbins
    @prrobbins
    Oct 3, 2020
    If new traders were to change their approach from get rich quick to build wealth slowly there would be a lot less blown accounts and a lot more successful traders.
  • user avatar
    Peter Robbins
    @prrobbins
    May 3, 2021
    After many years of trading I have finally figured out how to be 100% accurate about 50% of the time.
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    Peter Robbins
    @prrobbins
    Aug 4, 2020
    Wanting to be right on every trade is why traders cut profits short and let losses run.
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    Peter Robbins
    @prrobbins
    Apr 24, 2019
    Raise your hand if you have a magical secret setup you trade. Many new traders want to know what mine is and are disappointed when I say I buy pullbacks in uptrend, short rallies in downtrend, buy breakouts, short breakdowns, buy support, and short resistance.
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    Peter Robbins
    @prrobbins
    Aug 9, 2020
    If you can’t take a small loss you will likely be destined to take a large one.
  • user avatar
    Peter Robbins
    @prrobbins
    Jul 18, 2018
    New traders need to avoid being seduced into thinking fortunes are quickly made by following others recommendations and methods. Trading success comes from independent thought and learning.
  • user avatar
    Peter Robbins
    @prrobbins
    Jun 9, 2019
    What is the one trading lesson that took you further the fastest on your journey? Mine was learning to take a small loss quickly without looking back.
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    Peter Robbins
    @prrobbins
    Dec 23, 2020
    Knowing how to trade often means knowing when not to trade.
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    Peter Robbins
    @prrobbins
    Jun 13, 2020
    If this market is teaching you anything it is that your trading tools should be based more on human behaviour than on economics.