Quotes About Trading

Trading In The Zone – Master the Market With Confidence, Discipline and a Winning Attitude" by Mark Douglas, you would agree with me that the market is just unpredictable.

Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades that he can easily walk away from the position.

You can overintellectualize these Greek letters," Pflug reflected, referring to the alphas, betas, and gammas in the option trader's argot. "One Greek word that ought to be in there is hubris.

The deal is probably the most corrupt transaction in arms-trading history, with Bandar, Thatcher's son and many others implicated in receiving payments on an epic scale.

But my point is that you design something in the end that precludes any unhealthy trading practices that are not going to serve your environmental or your economic objectives but now is not the time to do it.

In the stock market, however, as de la Vega points out, "the news [as such] is often of little value;" in the short run, the mood of the investors is what counts.

Most nineteenth-century American fortunes were enlarged by, if they were not actually founded on, the practice of insider trading,

There is no mercy in trading life for life. And certainly no righteousness. Mercy, once given, cannot be taken back.

You can spot, for instance, where the buying is only a trifle better than the selling. A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.

The game did not beat them. They beat themselves, because though they had brains they couldn't sit tight. Old

I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.

There is a time for all things, but I didn't know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily or sufficient knowledge to make his play an intelligent play.

there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily—or sufficient knowledge to make his play an intelligent play. I proved it.

My long expected warning came to me when I noticed that, one after another, those stocks which had been the leaders of the market reacted several points from the top and—for the first time in many months—did not come back. Their race evidently was run, and that clearly necessitated a change in my trading tactics.

The speculator's deadly enemies are: Ignorance, greed, fear and hope.

Everybody knew that the way to do that was to take profits and buy back your stocks on reactions. And that is precisely what I did, or rather what I tried to do; for I often took profits and waited for a reaction that never came. And I saw my stock go kiting up ten points more and I sitting there with my four-point profit safe in my conservative pocket. They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market.

Reminiscences is quoted as a major source of stock trading learning material for experienced and new traders by many of the traders who Schwager interviewed. The book is considered an investment classic.

Stocks are manipulated to the highest point possible and then sold to the public on the way down.

A stock which it is desired to distribute should be manipulated to the highest possible point and then sold.

You know, it's a bull market!

They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market.

One day when the entire market was extremely weak Tropical Trading broke 90 and on the demoralisation I covered.

Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.

The corona-vaccine is a new medical trading hegemony; emphatically, the victim of coronavirus thereupon would be the victim of that vaccine certainly.