Quotes About Trading

This is intimacy: the trading of stories in the dark.

This is intimacy: the trading of stories in the dark. This act, the act of quiet nighttime talking, illustrates for me more than anything else the curious alchemy of companionship.

In Syria, for some time, they have been trading hostages for a number of things: for weapons, for money, for political influence, and for favors.

We say, 'The market plummets,' like it's some roaring creature.

My two biggest lessons learned as a trader are take risks and get comfortable with taking losses and setbacks to help move you forward.

It's a stealth tax imposed on the exchanges by high-frequency trading, by the cloud itself. A rent.

have so much computing power that central planning could work better than the market. High-frequency trading has been put forth as an example of computers out-achieving the market proper, but instead of improving the system it's just been used to take rents on every exchange. This

Technical and fundamental analysis is usually useless as a trading edge,[...] Mindless strategies like mean reversion work until they don't and you suffer a blowout. Fundamentals are priced in. And no one can predict tomorrow's news.

The market doesn't sleep.

What lay to the east of Siberia was in the eighteenth century uncharted, uncivilised and, most importantly, uncolonised. It was all too tempting. For a period of almost eighty years, between 1725 and the end of the century, adventurous gentlemen from the Russian Empire - military, academic, mercantile, or simply mercenary - embarked upon voyages of exploration to map the coastlines and islands, investigate and civilise the native peoples, and seek out trading opportunities.

I hate weekends because there is no stock market.

Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). It's the weirdest bubble when everyone hates everything.

I was in the equity-trading department at Merrill Lynch. I was there in 1987 when the market crashed.

With small companies, my investment strategy is to be out of the stock in a year. My real estate strategy, on the other hand, is to start small and keep trading the properties up for bigger properties and, therefore, delaying paying taxes on the gain. This allows the value to increase dramatically. I generally hold real estate less than seven years.

An investor buys a cow for milk and for calves. A trader buys a cow to slaughter.

The sophisticated investor is someone who has money and understands both fundamental investment techniques as well as technical trading techniques.

There are sophisticated investors who never buy or sell stocks. They trade only in options.

using a short is pretty safe in a down-trending market, and much more risky in an up-trending or sideways-moving market.

In the vocabulary of options traders, writing means selling.

Then came Black Monday, October 19, 1987, when the bottom simply fell out. A record-cracking 600 million shares were traded on the Big Board that day, as the Dow Jones Industrial Average plummeted 508 points—a 22.6 percent fall, more than twice the damage inflicted on the worst day of the historic 1929 crash. The S&P 500 dropped almost as far, just as fast.

DiPascali, a small terrier-like man with the unpolished speech of his native Queens, came through for Madoff. Using self-taught computer skills and the historical stock and options prices available to any brokerage firm, he created a convincing paper trail covering several years of complex trading activity that almost certainly had never occurred.

I examined the buy-and-hold returns of almost 9,000 IPOs issued between 1968 and 2001. I calculated the returns based on whether investors purchased the IPOs either at the end of the first month of trading or at the IPO offer price and held these stocks until December 31, 2003.25 There is no question that the losing IPOs far outnumber the winners.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

There is only one side of the market and it is not the bull side or the bear side, but the right side.