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Good quotes from movies for traders

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  #1 (permalink)
Chicago, IL USA
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Can you recall any good movie quotes that apply especially well to the world of trading?

I'm reminded of a great quote from the movie " Twelve O'Clock High" with Gregory Peck, where he plays an officer assigned to turn around a fighter squadron that has had a "string of bad luck" recently.

This is how he introduces himself to his new crew:

"I've been sent here to take over what has come to be known as a hard luck group. Well, I don't believe in hard luck. So we're going to find out what the trouble is. Maybe part of it's your flying, so we're going back to fundamentals. But I can tell you now one reason I think you've been having hard luck. I saw it in your faces last night. I can see it there now. You've been looking at a lot of air lately... and you think you ought to have a rest. In short, you're sorry for yourselves. I don't have a lot of patience with this, "What are we fighting for?" stuff. We're in a war, a shooting war. We've got to fight. And some of us have got to die. I'm not trying to tell you not to be afraid. Fear is normal. But stop worrying about it and about yourselves. Stop making plans. Forget about going home. Consider yourselves already dead. Once you accept that idea, it won't be so tough. Now if any man here can't buy that... if he rates himself as something special, with a special kind of hide to be saved... he'd better make up his mind about it right now. Because I don't want him in this group."

The whole notion of "Consider yourselves already dead" just blew me away - what if, as a trader, you considered yourself already broke - no money, no ego, no reputation - so you had nothing to lose by taking more (acceptable) risk? To me, it's oddly liberating.

If anyone else has any good movie quotes that relate, either directly or indirectly, to trading, I'd love to see 'em.

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  #2 (permalink)
 Sunil P 
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President of Exchange: [Randolph Duke has just collapsed with shock] Mortimer, your brother is not well. We better call an ambulance.
Mortimer Duke: _uck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!
[shouts - it echoes pathetically throughout the trading hall]
Mortimer Duke: Turn those machines back on!

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  #3 (permalink)
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Not as profound as FT's but here are a few from Wall Street - Gordon Gekko:
I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought.

If you need a friend, get a dog.

The most valuable commodity I know of is information.


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  #4 (permalink)
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"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
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  #5 (permalink)
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What we've got here is a failure to communicate... Cool Hand Luke

I'm king of the world ... Titanic

After all, tomorrow is another day.... Gone With the Wind

As God is my witness, I'll never be hungry again.... Gone With the Wind

Frankly my dear, I don't give a damn... Gone With the Wind

I coulda had class. I coulda been a contender. I could've been somebody, instead of a bum, which is what I am. .... On the Waterfront

The stuff that dreams are made of ... Maltese Falcon

Life is a banquet, and most poor suckers are starving to death! ... Auntie Mame

You've got to ask yourself one question: 'Do I feel lucky?' ... Dirty Harry

Today, I consider myself the luckiest man on the face of the earth.... The Pride of the Yankees

I'll be back ... The Terminator

You can't handle the truth ... A Few Good Men

Show me the money ... Jerry Maguire

I'm as mad as hell, and I'm not going to take this anymore ... Network

Made it, Ma! Top of the world ... White Heat

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #6 (permalink)
 Sunil P 
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[yt] [/yt]

This applies to imaginative.

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  #7 (permalink)
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My favorite quote is one that I'll never forget -
Gordon Gekko in the original Wall Street- "don't get emotional about stock, it clouds your judgement"...

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  #8 (permalink)
Calgary, Canada
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furytrader View Post
.................The whole notion of "Consider yourselves already dead" just blew me away - what if, as a trader, you considered yourself already broke - no money, no ego, no reputation - so you had nothing to lose by taking more (acceptable) risk? To me, it's oddly liberating...............

Hmmm...I think you found something useful there control only gained when we give it up completely?....surrender is necessary to begin looking for victory....the market needs to beat the stubbornness, the ego, the shortsightedness, the arrogance out of me....before she will let me see the road....."

The difference between confidence and an amateur's arrogance is time and a presence of many many scars.....

Be like water....Bruce Lee.

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  #9 (permalink)
Posts: 193 since Feb 2012

GREED IS GOOD. (when you're right)

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  #10 (permalink)
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Jiro Dreams of Sushi.

This is not a trading movie, but many of the messages apply. This is a documentary about an 85 year old sushi chef in Japan. He has a 10 seat Sushi Bar and the reservations are a month or more in advance. Why do I suggest this movie? Jiro talks about making sushi like any high level performing professional. He speaks of his craft and how he is always striving to improve. He talks about being consistent and repeating things over and over. I found myself saying "that applies to trading" a number of times. I'm also a big sushi fan if it's good, so I enjoyed it on that level as well.


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  #11 (permalink)
Des Moines, Iowa
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all quotes from one of my fav movies.. rounders..

Listen, here's the thing. If you can't spot the sucker in the first half hour at the table, then you ARE the sucker.

Why do you think the same five guys make it to the final table of the World Series of Poker EVERY YEAR? What, are they the luckiest guys in Las Vegas?

I guess the sayings' true. In the poker game of life, women are the rake

You can't lose what you don't put in the middle. But you can't win much either.

I want him to think that I am pondering a call, but all I'm really thinkin about it Vegas and the fuckin' Mirage.

It's immoral to let a sucker keep his money.

In "Confessions of a Winning Poker Player," Jack King said, "Few players recall big pots they have won, strange as it seems, but every player can remember with remarkable accuracy the outstanding tough beats of his career." It seems true to me, cause walking in here, I can hardly remember how I built my bankroll, but I can't stop thinking of how I lost it.

I've often seen these people, these squares at the table, short stack and long odds against them. All their outs gone. One last card in the deck that can help them. I used to wonder how they could let themselves get into such bad shape, and how the hell they thought they could turn it around.

You can shear a sheep many times, but skin him only once.

Rule number one: Throw away your cards the moment you know they can't win.

dont believe anything you hear and only half of what you see


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