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Traders Quote of the day
Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also have to deal with feelings of staying with the big one.
The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades that are windfalls. The real skill is in not LOSING money!
Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been sopped up.
Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.
The violinist must possess the poets gift of piercing the protective hide which grows on propagandists, stockbrokers and slave traders, to penetrate the deeper truth which lies within.
A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That's the kind of thing winning traders do.
We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.
We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.
Gratitude is like the good faith of traders: it maintains commerce, and we often pay, not because it is just to discharge our debts, but that we may more readily find people to trust us.
So far as inland discovery was concerned, the adventurous spirit of the English was that of sailors who land but for a day, and their enterprise the enterprise of traders.
Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.
There are two things that have always haunted me: the brutality of the European traders and the stories I've heard about Africans selling other Africans into slavery.
I grew up in the East End of London, the youngest of three boys in a Catholic household. Both my parents were market traders and worked seven days a week.