Trading Quotes - Page 3

• On some level we trade passion for security, that's trading one illusion for another. It's a matter of degree. We can't live in constant fear, but we can't live without any. The fear of loss is essential to love.

  Esther Perel

  Passion, Loss, Essentials

  FaceBook post by Esther Perel from Aug 07, 2014

  38 Copy quote

  Show source

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

  Jesse Lauriston Livermore

  Brain, Doe, Investing

  61 Copy quote

• Trying to get a common set of trading rules right down to very simple things like paperless customs arrangements and telecommunications services and all those things that will help lower the cost and increase the ease of doing business across the region.

  Andrew Robb

  Simple, Trying, Ease

  Source: www.abc.net.au

  9 Copy quote

  Show source

• The international trading system was devised by the rich to suit their needs; it ignores those of the poor.

  Pope Paul VI

  Needs, Poverty, Suits

  11 Copy quote

• The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.

  William Eckhardt

  Success, Winning, Numbers

  63 Copy quote

• Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions.

  Ed Seykota

  Pride, Emotional, Greed

  "Market Wizards: Interviews with Top Traders". Book by Jack D. Schwager, 1989.

  27 Copy quote

  Show source

• In fact, the recent increase in intra-firm trading enables businesses to shift their activities across borders smoothly, thereby strengthening the response of economic activity to exchange rate movements in the long run.

  Toshihiko Fukui

  Running, Long, Facts

  7 Copy quote

• Only a few of us are going to be willing to break our own hearts by trading in the living beauty of imagination for the stark disappointment of words.

  Ann Patchett

  Disappointment, Writing, Heart

  Ann Patchett (2013). “This Is the Story of a Happy Marriage”, p.27, Harper Collins

  31 Copy quote

  Show source

• Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.

  Graydon Carter

  Honest, Financial, Institutions

  "Paper Chase" by Graydon Carter, www.vanityfair.com. July 2012.

  7 Copy quote

  Show source

• The Middle East would always be an important trading partner in just a market sense, like America is a big market for us, Asia is a big market, Europe is a big market. You are going to have hundreds of millions of consumers there, from just a standard market point of view, from a very narrow American point of view.

  Thomas Friedman

  Views, Europe, America

  Source: theislamicmonthly.com

  7 Copy quote

  Show source

• Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.

  Jesse Lauriston Livermore

  Loss, Investing, May

  26 Copy quote

• As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

  Benjamin Graham

  Intelligent, Investing, Weight

  Benjamin Graham, David Dodd (2008). “Security Analysis: Sixth Edition, Foreword by Warren Buffett”, p.701, McGraw Hill Professional

  16 Copy quote

  Show source

• As I've told my three daughters, all of whom I've at one time encouraged to go into macro trading, any man or woman can do anything to which they set their heart and mind.

  Paul Tudor Jones

  Daughter, Heart, Men

  25 Copy quote

• Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

  Warren Buffett

  Wall, Investing Money, People

  "Student to CEO" by Simon Dixon. Ecademy Press, p. 125, 2011.

  112 Copy quote

  Show source

• The truth is that once you get down on the trading floor, you find that the traders come from all walks of life. You don't have to be a rocket scientist to be a trader. In fact, some of the best traders whom I knew down on the floor were surf bums. Formal education didn't really seem to have much to do with a person's skill as a trader.

  Linda Bradford Raschke

  Skills, Rockets, Facts

  18 Copy quote

• People are always trading their excess for somebody else's excess. One country has a lot of aluminum so they trade aluminum for sugar. It's the law of supply and demand.

  Carl Andre

  Country, Law, People

  Source: www.interviewmagazine.com

  7 Copy quote

  Show source

• If the resources of different nations are treated as exclusive properties of these nations as wholes, if international economic relations, instead of being relations between individuals, become increasingly relations between whole nations organized as trading bodies, they inevitably become the source of friction and envy between whole nations.

  Friedrich August von Hayek

  Envy, Different, Body

  "The Road to Serfdom". Book by Friedrich Hayek, Ch. 15 : The Prospects of International Order, 1940 - 1943.

  11 Copy quote

  Show source

• I’d compare stock pickers to astrologers but I don’t want to bad mouth astrologers.

  Eugene Fama

  Astrology, Bad Advice, Investing

  82 Copy quote

• It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.

  Jesse Lauriston Livermore

  Loss, Average, Mind

  Jesse Lauriston Livermore (1966). “How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price”

  40 Copy quote

  Show source

• Every single day, you're trading your life for who you're working with and what you do.

  John Assaraf

  4 Copy quote

• You have to be okay with wins and losses. You can't just be looking for the wins and, when the losses happen, you can't buy more and more because you're sure it's going to bounce. We call that revenge trading.

  Josh Brolin

  Revenge, Loss, Winning

  "Biography/ Personal Quotes". www.imdb.com.

  4 Copy quote

  Show source

• The total amount paid out in dividends is roughly equal to the amount lost in trading and investment advice, so net dividends to shareholders are zero. This is a very peculiar way to run a republic.

  Charlie Munger

  Running, Zero, Advice

  13 Copy quote

• The problem with trading dominant players of that size is you never get in return what you've bargained away.

  Phil Jackson

  Player, Return, Size

  6 Copy quote

• 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.

  Jesse Lauriston Livermore

  Loss, Average, Games

  20 Copy quote

• Markets can remain irrational longer than you can remain solvent.

  John Maynard Keynes

  Money, Investing, Investment

  Forbes v. 151, iss. 4, (p. 236), 1993.

  76 Copy quote

  Show source