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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.
Oct 1, 2025
When Rimbaud became a slave trader, he stopped writing poetry.
Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
The consequence of making it a business thing and making an artist the same as a Wall Street trader is that you do get a robot by the end of it. It becomes more robotic as opposed to being more soulful.
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.
I never knew a trader in philanthropy who was not wrong in his head or heart somewhere or other.
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.
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.
I am an optimist about the UK. We have been involved in trade with our European partners, which we will always be doing whatever this relationship is. We are a member of the EU. That gives us benefits. But we have to figure out where that is going. In the world, we are a global trader already.
A state in India will have more traders than perhaps a European nation. Trade is a great way to integrate people.
I come from a family of traders; my grandmother and my mother were very good at making money.
Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.
In the English character, the "give and take" policy, the business principle of the trader, is principally inherent.
The Flavr Savr wasn't about taste at all; that was just the name. It was about the shape and the shipability of it. My dad's company was all about flavor. His tomatoes are some of the best selling at Trader Joe's and Whole Foods.
When I was 15 years old I read an article about Ivan Boesky, the well-known takeover trader - turned out years later it was all on inside information! But before that came to light he was very successful, very flamboyant. And I thought, "This is what I want to do". So I'm 15 years old, I decide I'm going to Wall Street.
I just want to be fair. I want to be a firm and fair trader.
Traders focus almost entirely on where to enter a trade. In reality, the entry size is often more important than the entry price
Anyone who claims to be intrigued by the "intellectual challenge of the markets" is not a trader. The markets are as intellectually challenging as a fistfight. Ultimately, trading is an exercise in self-mastery and endurance.
My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should be taking 1 to 2 percent risks. The emotional burden of trading is substantial; on any given day, I could lose millions of dollars. If you personalize these losses, you can’t trade.
Ferdinand was a gold trader. He was a lawyer for mining companies. When he entered politics in l949, he had tons and tons of gold. When Bill Gates was a college dropout, Ferdinand already possessed billions of dollars and tons of gold. It wasn't stolen.
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.
What has been imposed on religion is not religion itself but the custom of those who have been converted to it. I think that the most atrocious of all of this is Islam. They were in the slave trade before Islam. The Arabs were natural slave traders. They were the people who were called on to conquer us, unfortunately.
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.
If I were to meet the slave-traders who kidnapped me and even those who tortured me, I would kneel and kiss their hands, for if that did not happen, I would not be a Christian and Religious today... The Lord has loved me so much: we must love everyone... we must be compassionate!
If I wasn't a trader, I would probably be in the film business in some capacity and writing in some other form. I went to NYU Film School and London Film School.
I'm a free market person, a free trader. But if we had a market in California, there would be competition.
The goal of a successful trader is to make the best trades. Money is secondary.
The slave-breeders and slave-traders, are a small, odious and detested class, among you; and yet in politics, they dictate the course of all of you, and are as completely your masters, as you are the master of your own negroes.
I have a zillion bottles of hot sauce. I love Trader Joe's jalapeno. The whole right side of my fridge is filled with hot sauce.
If he descended from heaven today the great warrior who beat the money-traders you would shout your "crucifige!" and nail him to the cross which he himself bore. But he mildly smiles upon your hate: "The truth will prevail, even if the bearer falls; the faith will live, for I give my life ... and stand tall at the cross for all warriors of the world.
Every once in a while, the market does something so stupid it takes your breath away
Markets can remain irrational longer than you can remain solvent.
The time of maximum pessimism is the best time to buy.
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong
Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.
Being a successful trader also takes courage: the courage to try, the courage to fail, the courage to succeed, and the courage to keep on going when the going gets tough.
The novice trader is at a disadvantage because the intuitions that he is going to have about the market are going to be the ones that are typical of beginners. The expert is someone who sees beyond those typical responses and has an understanding of the deeper workings of the market.
Doctors are not servants of their patients, they are traders like everyone else in a free society and they should bear that title proudly considering the crucial importance of the services they offer.
I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.
America is not a mere body of traders; it is a body of free men. Our greatness is built upon our freedom - is moral, not material. We have a great ardor for gain; but we have a deep passion for the rights of man.
Having observed his market calls real time over the years, I can say that Jason Perl's application of the DeMark Indicators distinguishes his work from industry peers when it comes to market timing. This book demonstrates how traders can benefit from his insight, using the studies to identify the exhaustion of established trends or the onset of new ones. Whether you're fundamentally or technically inclined, Perl's DeMark Indicators is an invaluable trading resource.
Vincent Gallo has put a curse on my colon and a hex on my prostate. He called me a 'fat pig' in the New York Post and told the New York Observer I have 'the physique of a slave-trader.' He is angry at me because I said his 'The Brown Bunny' was the worst movie in the history of the Cannes Film Festival... it is true that I am fat, but one day I will be thin, and he will still be the director of 'The Brown Bunny.'
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.
Tuthmosis IV was, like his father Amenhotep II, a belligerent pharaoh and one of the first to wage war without provocation beyond Egypt's boundaries. As a result of his aggressive attacks slaves and foreign elements were common in Egypt. Consequently, there was more intermarriage during his reign than at other times. Egypt was visited by merchants and traders and was extremely prosperous and cosmopolitan during this period.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Know what you own, and know why you own it.
If possible, be Russian. And live in another country. Play chess. Be an active trader between languages. Carry precious metals from one to the other. Remind us of Stravinsky. Know the names of plants and flying creatures. Hunt gauzy wings with snares of gauze. Make science pay tribute. Have a butterfly known by your name.
Success consists of going from failure to failure without loss of enthusiasm.
If you want to be fully convinced of the abominations of slavery, go on a southern plantation, and call yourself a negro trader. Then there will be no concealment; and you will see and hear things that will seem to you impossible among human beings with immortal souls.
To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics, and being able to take risks, cut losses, expand your information network, ferret out ideas, and take recommendations.