17 Top Stan Weinstein Quotes For Traders

Nick Schmidt
Nick Schmidt

Nick Schmidt is a co-founder of TraderLion and Deepvue with over 10 years of market experience. Adopting a “less is more” philosophy, he focuses on weekly charts with an emphasis on price and volume.

October 18, 2024
5 min read
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Stan Weinstein: The Mind Behind Stage Analysis

Stan Weinstein is a legend in technical analysis, famous for creating the Stage Analysis method—a game-changing approach that traders and investors around the world rely on. Stan Weinstein quotes, offer timeless advice on understanding market cycles and timing trades. In his classic book, Secrets for Profiting in Bull and Bear Markets, Weinstein introduced a straightforward framework that breaks the market into four stages. This method helps investors decide when to buy, hold, or sell by identifying market trends.

Weinstein built his expertise through years of studying price movements and trading volume, taking a disciplined approach to market timing. His work underscores the importance of aligning your investments with the market’s natural cycles. For anyone who wants to stay on the right side of market trends, Weinstein’s insights into Stage Analysis are invaluable for spotting trends early and managing risk.

For those who want to dive deeper into Stage Analysis, check out our complete guide on mastering Stage Analysis and the exclusive masterclass we hosted with Stan Weinstein, where he shared practical applications of his methodology and answered live questions from traders just like you.

Stan Weinstein Quotes

Quotes on Stock Selection

Choosing the right stocks is important for a winning investment strategy. Stan Weinstein stresses the importance of picking high-potential stocks and avoiding those with limited growth. He believes in focusing on quality over quantity to maximize profits.

If you’ve missed a good stock, don’t fret about it. With thousands of listed stocks to pick from, if you miss the first one, another one will soon come along.

Stan Weinstein

If we buy stock XYZ and it advances 20 percent, but stock ABC in the same time period gains 200 percent, we have actually lost profit-making potential. Therefore, what we want to do is to uncover the A+ stocks and play those while leaving the Bs and Cs alone for others.

Stan Weinstein

My studies have consistently shown that two equally bullish charts will perform far differently if one is from a bullish sector while the other breakout is from a bearish group.

Stan Weinstein
Stan Weinstein quotes.

The favorable chart in the bullish group will often quickly advance 50 to 75 percent while the equally bullish chart in a bearish group may struggle to a 5 or 10 percent gain.

Stan Weinstein

Every year there are a few groups that far outpace all others on both the upside and the downside. Don’t underestimate the importance of group confirmation. l’ve seen many chart patterns that were good, but not great, that turned out to be super performers when they had a powerfully bullish sector behind them.

Stan Weinstein

Quotes on Fundamental Analysis

You must learn that the market is a discounting mechanism, and that stocks sell on future and not current fundamentals.

Stan Weinstein

Many fundamentally oriented institutional money managers…readily admit that the technical approach has improved their timing.

Stan Weinstein

All of the relevant information about a company’s earnings, new products, management, and so forth—the fundamentals—that is currently known and cared about is already incorporated in the price of its stock.

Stan Weinstein

Quotes on Technical Analysis and Market Timing

Good timing can make a huge difference in returns. Weinstein stresses the importance of always trading with the trend and warns against buying too late in an advance regardless how strong a stock looks.

Volume is a gauge of how powerful the buyers are… Never trust a breakout that isn’t accompanied by a significant increase in volume.

Stan Weinstein

There’s an old saying among technicians: The bigger the base, the bigger the move… always be on the lookout for a breakout from a very large base formation.

Stan Weinstein

Your probabilities of success are quite low when the market trend is going against you.

Stan Weinstein

One glance is worth a thousand earnings forecasts. The tape tells all, and our job is to learn how to listen properly.

Stan Weinstein

No matter how bullish a stock is, don’t buy it too late in an advance, when it is far above the ideal entry point.

Stan Weinstein

Quotes on Trading Psychology and Discipline

Winning teaches you nothing. Losing can be the greatest teacher of all.

Stan Weinstein
Winning teaches you nothing. Losing can be the greatest teacher of all. Stan Weinstein quote.

It’s important to approach every trade with a clear plan—without it, you’re not really in control, your emotions are.

Stan Weinstein

What you need in order to get on the winning road is a consistent method of properly timing the market and controlling your two market enemies: greed and fear.

Stan Weinstein

There is absolutely no doubt in my mind that one of the real keys to winning is learning how to lose.

Stan Weinstein

Recommended resources for mastering Stage Analysis

The Complete Guide to Stage Analysis

An easy guide that walks you through the four stages of Stage Analysis, so you can confidently spot new and weakening trends in the market. Whether you’re just starting out or you’ve been trading for a while, this guide is perfect for sharpening your skills.

Stage Analysis Model Book Course (Free)

This free collection of real stock examples at different stages of the Stage Analysis market cycle. It’s a great way to train your eye to spot the 4 stages and improve your ability to make smarter trading decisions by recognizing the patterns.

Exclusive Stage Analysis Masterclass with Stan Weinstein

Enroll in the full masterclass where Stan walks you through how to apply Stage Analysis in today’s markets. He shares valuable insights and answers real questions from traders all over the world.

Stage Analysis Scans and Indicators in Deepvue

Make your trading more efficient with Deepvue’s Stage Analysis scans and indicators. These tools help you track market stages in real time, so you can make accurate, faster trading decisions.

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