Quotes About Trading

My style is basically trend following, with some special pattern recognition and money management algorithms.

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.

A lot of people would rather understand the market than make money

The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades that are windfalls. The real skill is in not LOSING money!

If most traders would learn to sit on their hands 50 per cent of the time, they would make a lot more money.

A good trader loves an active market, you don't make money when the market is static.

I always tell my traders that they would've loved the 1990s because it was a fairly easy time to make money.

Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.

It is difficult to systematically beat the market. But it is not difficult to systematically throw money down a rat hole by generating commissions and other costs.

The man who begins to speculate in stocks with the intention of making a fortune usually goes broke, whereas the man who trades with a view of getting good interest on his money sometimes gets rich.

The majority of short term trading results are just random. In the long term the money ends up with those that can trade and manage risk.

If a lot of money goes into the stock market, it'll push up prices, making money for stock speculators. Then the insiders can decide that it's time to sell out, and the market will plunge.

If you can't take a small loss, sooner or later you will take the mother of all losses.

I believe my most important skill is an ability to perceive patterns in the market. I think this aptitude for pattern recognition is probably related to my heavy involvement with music.

The growth stock theory of investing requires patience, but is less stressful than trading, generally has less risk, and reduces brokerage commissions and income taxes.

Much of our trading comes down to a battle between our patience and our impulses.

Calcutta had quickly grown to become the jewel among the Company's overseas trading stations: it was by far the EIC's most important trading post in India and the major source of British textile imports. Indeed, 60 per cent of all EIC exports from Asia were now passing through Calcutta.23

I see the supposed convenience of being able to trade ETFs throughout the day as a psychological disadvantage. Unless you are able to predict intraday market moves—a fool's errand if ever there was one—you are faced with the oftentimes paralyzing choice of exactly when to buy or sell.

I made a rule that I'd buy each stock exactly at the pivot buy point and have the discipline not to pyramid or add to my position at more than 5% past that point. Then I'd sell each stock when it was up 20%, while it was still advancing.

Also, if one of the indexes is down for the day on volume larger than the prior day's volume, it should decline more than 0.2% for this to be counted as a distribution day. After

A great trader once noted there are only two emotions in the market: hope and fear. "The only problem," he added, "is we hope when we should fear, and we fear when we should hope." This is just as true in 2009 as it was in 1909.

In the initial stages, when contact between the two peoples might be limited to scouting out the possibilities of invasion, or trading with them for their furs or other produce, there is less need or cause to demean the inhabitants as savages or to regard them as beasts. However, the descriptions are radically different once dispossession becomes the aim or when the natives violently resist the intrusion of explorers.

Even logic and conversation are really just forms of trading, and as in all things, humans will always try to seek their own best advantage, to seek the greatest profit they can from the exchange.

Our bilateral relations are very good, they're very close. In the areas of business, of the economy, the United States of America last year were our most important trading partner.