Quotes About Trading

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.

Abbott was all over the shop on emissions trading. He feared destruction at the ballot box if the Opposition blocked Rudd. "The government's emissions trading scheme is the perfect political response to the public's fears," he had said in late July 2009.

Never sell a dull market." I believe that this was intended for bull markets, for it appears just as dangerous to "buy a dull market"—during a bear market.

Rumors. They are there to be denied, or if the market is open, to be traded on.

Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation.

Some traders still think that a computer could not trade as well as they can.

I know Juffure was a British trading post and my portrait of the village bears no resemblance to the way it was. But the portrait I gave was true of nearly all the other villages in Gambia. I, we, need a place called Eden. My people need Pilgrim's Rock.

When you imagine the Koch brothers, it's hard not to think of the 1983 film 'Trading Places,' which featured as its villains a pair of brothers, commodity brokers named Randolph and Mortimer Duke.

With Twitter, you can build your own virtual trading floor and research department, populated by the smartest people on earth. Almost any subject or sector has you can think of, you can find a few people with an expertise in that area.

StockX's live marketplace will harness the Internet's natural ability to facilitate a better way to transact certain segments of ecommerce. We are going to bring the kind of trading platform and visibility to tangible products that financial and commodities markets have used for decades.

My central objective is, turn Afghanistan's location into a greater asset. Central Asia is becoming Afghanistan's major trading partner. The vision of connectivity is really important.

Did you know the New York Stock Exchange originated in a small café on Wall Street? It was run out of that same café until 1817.

However, as the consequences of Black Thursday began to settle in investors' minds, most people attempted to recover their losses and the dramatic selling began again. On Tuesday 29 October, the day of the Wall Street Crash, more than 16 million shares were dumped in an afternoon of trading. On that one single day, as much money was lost on the New York stock exchange as had been spent in its entirety by the US government on fighting the First World War. It was a disaster. Annette

they pale by comparison to the trading volumes of hedge funds, to say nothing of the levels of trading in exotic securities such as interest rate swaps, collateralized debt obligations, derivatives such as futures on commodities, stock indexes, stocks, and even bets on whether a given company will go into bankruptcy (credit default swaps). The aggregate nominal value of these instruments, as I noted in Chapter 1, now exceeds $700 trillion.

At the end of the day, the markets are my passion.

Jackson was a ruthless con artist who became fabulously wealthy by trading on his political office. Sound familiar?

Grass: I've invested heavily in blood futures. I have a direct line to the trading floor for polyester blood. There's a heaving mass of men crying out their bids. The blood arrives at the warehouse in the form of double-knit suits. It's the only kind of suit I wear. When I collapse in the street, paramedics rush me to the hospital, liquefy the suit and inject it in my veins.

Indeed, I have found that confidence is one of the most consistent traits exhibited by the successful traders I have interviewed.

Even a poor trading system could make money with good money management.

Kovner lists risk management as the key to successful trading; he always decides on an exit point before he puts on a trade. He also stresses the need for evaluating risk on a portfolio basis rather than viewing the risk of each trade independently. This is absolutely critical when one holds positions that are highly correlated, since the overall portfolio risk is likely to be much greater than the trader realizes.

Debussy's quote that "Music is the space between the notes," because an analogous statement about trading—Trading is the space between trades—is so strikingly apropos.

But the fact is: The people who are really successful in trading are tremendously hard workers.

trend line penetrations often prove to be false signals.

I feel my success comes from my love of the markets. I am not a casual trader. It is my life. I have a passion for trading. It is not merely a hobby or even a career choice for me. There is no question that this is what I am supposed to do with my life.