Trading Quotes
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Much of our trading comes down to a battle between our patience and our impulses.
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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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I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.
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The markets are unforgiving, and emotional trading always results in losses.
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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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I don't think you should invest in commodities. Eddie Murphy made it seem risky in Trading Places.
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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 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.
