Quotes About Traders

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Quotes About Traders

If most traders would learn to sit on their hands 50 per cent of the time, they would make a lot more money.
— Bill Lipschutz —

Many historians regard him [Offa] as the most powerful Anglo-Saxon king before Alfred the Great. In the 780s he extended his power over most of Southern England. One of the most remarkable extantfrom King Offa's reign is a gold coin that is kept in the British Museum. On one side, it carries the inscription Offa Rex (Offa the King). But, turn it over and you are in for a surprise, for in badly copied Arabic are the words La Illaha Illa Allah ('There is no god but Allah alone'). This coin is a copy of an Abbasid dinarfrom the reign of Al-Mansur, dating to 773, and was most probably used by Anglo-Saxon traders. It would have been known even in Anglo-Saxon England that Islamic gold dinars were the most important coinage in the world at that time and Offa's coin looked enough like the original that it would have been readily accepted abroad.

— Jim Al-Khalili

Love is Compassion, Endurance, Equanimity, Impartiality, Magnetic, Patient and Just (and Where Justice Is Not, Hate-Traders Profit)

— Elizabeth Lucye Robillard

Through all the ages the mind has been regarded as evil, and every form of insult: from heretic to materialist to exploiter-every form of iniquity: from exile to disfranchisement to expropriation-every form of torture: from sneers to rack to firing squad-have been brought down upon those who assumed the responsibility of looking at the world through the eyes of a living consciousness and performing the crucial act of a rational connection. Yet only to the extent to which-in chains, in dungeons, in hidden corners, in the cells of philosophers, in the shops of traders-some men continued to think, only to that extent was humanity able to survive.

— Ayn Rand

I always tell my traders that they would've loved the 1990s because it was a fairly easy time to make money.

— Steven A. Cohen

While the meetings included traders, that is, people who are judged on their numerical performance, it was mostly a forum for salespeople (people capable of charming customers), and the category of entertainers called Wall Street "economists" or "strategists," who make pronouncements on the fate of the markets, but do not engage in any form of risk taking, thus having their success dependent on rhetoric rather than actually testable facts.

— Nassim Nicholas Taleb

The sad truth is that without complex business partnerships between African elites and European traders and commercial agents, the slave trade to the New World would have been impossible, at least on the scale it occurred.

— Henry Louis Gates

Traders focus almost entirely on where to enter a trade. In reality, the entry size is often more important than the entry price

— Jack D. Schwager

Most private traders on a losing streak keep trying to trade their way out of a hole. A loser thinks a successful trade is just around the corner, and that his luck is about to turn. He keeps putting on more trades and increases his size, all the while digging himself a deeper hole in the ice. The sensible thing to do would be to reduce your trading size and then stop and review your system.

— Alexander Elder

First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pressure on weaker human traits and seems to seek out each individual's Achilles' heel.

— Gil Blake

The people who want to be recognized as the greatest traders are probably not the greatest traders. Egos get in the way of the process. In my opinion, you never want to be the largest player in the pit.

— Blair Hull

I haven't seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few aren't. Many outstanding intelligent people are horrible traders. Average intelligence is enough. Beyond that, emotional makeup is more important.

— William Eckhardt

We are all assumed, these days, to reside at one extreme of the opinion spectrum, or another. We are pro-abortion or anti-abortion. We are free traders or protectionist. We are pro-private sector or pro-big government. We are feminists or chauvinists. But in the real world, few of us holds these extreme views. There is instead a spectrum of opinion.

— Michael Crichton

I think religion is very anti-man. I think it's a terrible distortion and exploitation of a very natural urge every human has - to be rejoined with the one somehow, to become a part of the universe. Once the high priests and the traders took over, we were lost as a species.

— George Carlin

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