quotes about Traders
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The goal of a successful trader is to make the best trades. Money is secondary.
-- Alexander Elder -
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 -
If you don't work very hard, it is extremely unlikely that you will be a good trader.
-- Bruce Kovner -
There are old traders and there are bold traders, but there are very few old, bold traders.
-- Ed Seykota -
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Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.
-- Ed Seykota -
The Merchants of Carolina, are fair, frank Traders.
-- John LawsonSource : John Lawson (1860). “The History of Carolina: Containing the Exact Description and Natural History of that Country, Together with the Present State Thereof and a Journal of a Thousand Miles Traveled Through Several Nations of Indians, Giving a Particular Account of Their Customs, Manners, &c., &c”, p.17
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Money is an invention of the marketplace of exchange, brought into being by traders who discovered that a reliable medium could facilitate trades that were more difficult or even impossible by barter alone.
-- Lawrence Reed -
The markets are always changing, and the successful trader needs to adapt to these changes.
-- Michael Steinhardt -
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If I was dealing with a trader, every other word had to be a four-letter word.
-- Muriel Siebert -
Builders need to take their preeminent position back from the traders for the economy of the future to flourish.
-- Richard Florida -
Traders take a good system and destroy it by trying to make it into a perfect system.
-- Robert Prechter -
I debated free trade in college. I came out as a free trader. I'm a free markets guy. I'm an Adam Smith guy.
-- Sam Wyly -
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The best traders are simply slaves to the market's price action
-- Steve Burns -
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 -
Some traders still think that a computer could not trade as well as they can.
-- Thomas Peterffy -
A good trader loves an active market, you don't make money when the market is static.
-- Kevin KinsellaSource : Source: www.sfgate.com
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Good traders liquidate when they are wrong, great traders reverse when they are wrong
-- Jack D. Schwager