Trading Quotes
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Are we all clear that we want to build something that can aspire to be a world power? In other words, not just a trading bloc but a political entity. Do we realise that our nation states, taken individually, would find it far more difficult to assert their existence and their identity on the world stage.
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I don't know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn't get you anywhere.
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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.
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People are trading distance for dollars.
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Every time we turn over a rock in the mutual fund industry these days, we are seeing vermin crawl out that are appalling: Late trading; timing by those in the executive boardroom; billions of dollars being scraped off that should be going into the pockets of investors instead ending up in the hands of the executives.
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Mexico is an important trading partner, it's the number one trading partner for the state of Texas. We have had dealings with them, shared a border with them. We have had our challenges, but at the end of the day we want a good relationship with Mexico.
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Everyone needs different things. That's why trading works.
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Maybe life is a process of trading hopes for memories.
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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.
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The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.
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The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.
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After all, China is our largest trading partner. As I said, country-wise, Russia trades the most with China. That is my first point.
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It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.
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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.
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I actually think there are other ways of doing it. The most effective one is to include aviation within carbon trading schemes, so there is an absolute limit on the amount of emissions from the aviation sector.
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You're already a financial trader. You might not think of it in just this way, but if you work for a living, you're trading your time for money. Frankly, it's just about the worst trade you can make. Why? You can always get more money, but you can't get more time.
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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.
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Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
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I want the whole of Europe to have one currency; it will make trading much easier.
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Be busy in trading, receiving, and giving, for life is too good to be wasted in living.
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It is literally crazy to be committing to an ETS (emissions trading scheme) before seeing the outcome of Copenhagen . . . and frankly idiotic before we see the final form of the US emissions trading scheme.
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The markets are unforgiving, and emotional trading always results in losses.
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I don't think you should invest in commodities. Eddie Murphy made it seem risky in Trading Places.
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"I can't sleep" answered the nervous one. "Why not?" asked the friend. "I am carrying so much cotton that I can't sleep thinking about. It is wearing me out. What can I do?" "Sell down to the sleeping point", answered the friend.