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Traders Quotes

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Traders Quotes

“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!”

IfsLoveGodHandsHappensTodayChristianSufferingReligiousCompassionChristianityLordKissingCatholicSlaverySlaveSaintGod LoveTortureCompassionateTradersKidnappedLove EveryoneKneelingSlave Trade
Author:Josephine Bakhita
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“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth - or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.”

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Author:Jesse Lauriston Livermore
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“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.'”

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Author:Roger Ebert
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“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.”

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Book:MONEY Master the Game: 7 Simple Steps to Financial Freedom
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“The basic function of the government everywhere in all times, whatever title it adopts and whatever its origin and organisation may be, is always that of oppressing and exploiting the masses, of defending the oppressors and the exploiters: and it's principal, characteristic and indispensable instruments are the police agent and the tax-collector, the soldier and the gaoler - to whom must be invariably added the trader in lies, be he priest of schoolmaster, remunerated or protected by the government to enslave minds and make them docilely accept the yoke.”

MindMayGovernmentLyingAcceptingTaxesMassFunctionPoliceInstrumentsSoldierAll TimeAgentsTitlesCharacteristicsPriestsProtectedPrincipalIndispensableOrganisationCollectorsOppressorsYokeTraders
Author:Errico Malatesta
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“And the men who loan money to governments, so called, for the purpose of enabling the latter to rob, enslave, and murder their people, are among the greatest villains that the world has ever seen. And they as much deserve to be hunted and killed (if they cannot otherwise be got rid of) as any slave traders, robbers, or pirates that ever lived.”

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Book:No Treason and a Letter to Thomas F. Bayard
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“Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most people lose money as individual investors or traders because they're not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, not 90 percent of the time on pie-in-the-sky ideas on how much money they're going to make, then they will be incredibly successful investors.”

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Author:Paul Tudor Jones
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“My off-the-cuff remarks at the University of Virginia were with regard to global macro traders, who are on-call 24/7 and of whom there are likely only a few thousand successful practitioners in the world today. Macro trading requires a high degree of skill, focus and repetition. Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance.”

WorldTodaySuccessfulFocusEventsFieldsEmotionalBirthThousandSkillsDegreesLowsRegardUniversityObstaclesDivorceFinanceLoved OnesDeath Of A Loved OneRepetitionTradingRemarksWorld TodayVirginiaTradersHighs And LowsMacroCuffs
Author:Paul Tudor Jones
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“That was how a Salomon bond trader thought: He forgot whatever it was that he wanted to do for a minute and put his finger on the pulse of the market. If the market felt fidgety, if people were scared or desperate, he herded them like sheep into a corner, then made them pay for their uncertainty. He sat on the market until it puked gold coins. Then he worried about what he wanted to do.”

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Author:Michael Lewis
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“This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises. It's the reason the Internet search engine Google can scan a billion Web pages and find the one page that has the exact piece of information you were looking for. It's the reason it's so hard to make money betting on NFL games, and it helps explain why, for the past fifteen years, a few hundred amateur traders in the middle of Iowa have done a better job of predicting election results than Gallup polls have.”

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Author:James Surowiecki
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“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.”

SelfChallengesPsychologyExerciseIntellectualClaimsEnduranceMasteryTradingSelf MasteryIntriguedTraders
Book:The Mathematics of Money Management: Risk Analysis Techniques for Traders
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“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.”

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Author:Bruce Kovner
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