Quotes About Traders

And in the late summer of 1998, the bond-trading crowd was extremely fearful, especially of risky credits. The professors hadn't modeled this. They had programmed the market for a cold predictability that it had never had; they had forgotten the predatory, acquisitive, and overwhelming protective instincts that govern real-life traders. They had forgotten the human factor.

The professors' conceit was to think that models could forecast the limits of behavior. In fact, the models could tell them what was reasonable or what was predictable based on the past. The professors overlooked the fact that people, traders included, are not always reasonable. This is the true lesson of Long-Term's demise. No matter what the models say, traders are not machines guided by silicon chips; they are impressionable and imitative; they run in flocks and retreat in hordes.

This is the true lesson of Long-Term's demise. No matter what the models say, traders are not machines guided by silicon chips; they are impressionable and imitative; they run in flocks and retreat in hordes.

Markets are actually set up so that most traders must lose money

The answer is to draw a line between a businessman's risk and a loss. As traders, we always take businessman's risks, but we may never take a loss greater than this predetermined risk.

Why do most traders lose and wash out of the markets? Emotional and mindless trading are big reasons, but there is another. Markets are actually set up so that most traders must lose money. The trading industry slowly kills traders with commissions and slippage.

then speculating, and therefore having a plan, is the only way to deal with the uncertainty of the future in the markets. Given this definition, for the remainder of the book Speculator (capitalized) will be used to include investors, speculators, and traders, all of whom are Speculating.

In the U.K., we have a lot of independent traders, as well as the Hobbycraft chain, but the U.S. has four of five big chains, which makes crafting very accessible for people and makes it a totally different proposition.

The just censure of society is accorded to those so inconstant and intemperate that they must take their pleasures in the unholy market of humanity that still sullies the fame of our civilization; but for the traders themselves, these human vampires who prey upon the degradation of their species, society has reserved the right of ruthless suppression.

I found that options traders - the Amex was mainly an options exchange - routinely conspired to keep as wide as possible the spreads between the prices investors paid and the prices floor traders paid for the same securities.

Like Dionysus, the Egyptian gods reached Rome by way of Campania. In the second century BC, traders on Delos made the acquaintance of Isis and Serapis, whom a priest from Memphis had imported at the beginning of the preceding century. Many of these negotiatores were originally from southern Italy where, with Alexandrian sailors, they spread Nilotic representations. Very soon Pompeii had its Iseum and Pozzuoli its Serapeum.

Colonel, my ass. That rotten Indian hater will only cause more problems out here for the real Army. If the man kept harassing and murdering innocent natives, there would be more Indian attacks and unrest at a time when the Army had few enough men in Colorado or anywhere else in the West to take care of such problems. Even the half-Indian Bent brothers, successful traders and friends to the Army and whites, were growing restless and resentful. Through

Colonel, my ass. That rotten Indian hater will only cause more problems out here for the real Army. If the man kept harassing and murdering innocent natives, there would be more Indian attacks and unrest at a time when the Army had few enough men in Colorado or anywhere else in the West to take care of such problems. Even the half-Indian Bent brothers, successful traders and friends to the Army and whites, were growing restless and resentful.

Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.

First Boston was so plagued with harassment and discrimination problems that it hired a consultant to train the salesmen and traders not to sexually harass female interviewees. But the training was hopeless. Much to the horror of the middle-aged female consultant, during one training session, a male employee opened a mock interview by asking the prospective female employee, "So, babe, do you want to fuck?

Mycenaean traders at the time were exchanging goods all over the Mediterranean.

We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.

One of de la Vega's observations about the Amsterdam traders was that they were "very clever in inventing reasons" for a sudden rise or fall in stock prices,

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.

The Mega Trade rules the humans in all dimensions; doubtlessly, humans are still slaves under the hegemony of traders; factually, the global leadership stays the pawn of that everywhere.

Many players like mfgrs/traders enter into any business not by looking into its long-term growth potential or probability, but by seeing it as an opportunity to make huge gain or bumper profitability in a short term. This herd mentality is going on since time immemorial and that's what called a stupidity

Stock market operation has been designed in such a way that largely small investors and traders lose money eventually and listed companies and big brokerage firms make a lot of profits only

I think it's fundamentally a good sign that more and more professional traders and market makers are providing liquidity to the whole ecosystem. It allows people to move much larger quantities of digital currency more quickly than they would if that were not the case.

Having traders elbow you while you are doing live TV is a good education in something.