Trading Quotes
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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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The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think.
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After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!
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The markets are unforgiving, and emotional trading always results in losses.
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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.
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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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I don't think you should invest in commodities. Eddie Murphy made it seem risky in Trading Places.
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The way I understand the rules on trading on inside information, it's very vague.
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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.
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That is one trouble about trading on a large scale.You cannot sneak out as you can when you pike along.
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The idea of searching for some secret for trading success misses the point.
