Trading related one-liners
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Trading related one-liners
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Created: by Big Mike Attachments:9

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Trading related one-liners

  #21 (permalink)
Market Wizard
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,813 since Mar 2010
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Pigs get slaughtered

Bulls make money, bears make money, pigs get slaughtered.

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  #22 (permalink)
Wake Forest, NC
 
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papa15's Avatar
 
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When in doubt, stay out....

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  #23 (permalink)
Massachusetts (USA)
 
Trading Experience: None
Platform: NinjaTrader
Favorite Futures: YM
 
stephenszpak's Avatar
 
Posts: 778 since Jun 2009
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A long time ago I came across a saying by a trader. I don't know his
name. I think it was from an interview in Stocks and Commodities Magazine.

"Once you know, and you know that you know, confidence replaces fear."
------------------------------------------------------------------------------------------
Below are just some of the Ferengi Rules of Acquisition:

1 Once you have their money, you never give it back.


9 Opportunity plus instinct equals profit.

13 Anything worth doing is worth doing for money.

19 Satisfaction is not guaranteed.


22 A wise man can hear profit in the wind.


23 Nothing is more important than your health ... except for your money.

41 Profit is its own reward.

44 Never confuse wisdom with luck. (my personal favorite rule , S.S.)

58 There is no substitute for success.


59 Free advice is seldom cheap.


62 The riskier the road, the greater the profit.


74 Knowledge equals profit.

97 Enough ... is never enough.


190 Hear all, trust nothing.

162 Even in the worst of times someone turns a profit.

202 The justification for profit is profit.

218 Always know what you're buying.

236 You can't buy fate.

242 More is good ... all is better.

From: Ferengi Rules Of Acquisition

and

From: Rules of Acquisition - Memory Alpha, the Star Trek Wiki

==========================================================
Hi Mike ( ie. owner) I have a question or two regarding your trading of the CL
as you described in one of the VIMEO videos. I don't know
where I should post on that. It doesn't seem I should start
a new thread.

- Stephen

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  #24 (permalink)
Market Wizard
New Orleans, La (Mardi Gras City)
 
Trading Experience: Advanced
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Broker/Data: Ninjatrader / Optimus Futures / AmpFutures
Favorite Futures: ES / 6E / 6B / CL
 
DavidHP's Avatar
 
Posts: 1,306 since Aug 2009
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Every trading day I wake up with this Goal...
...To transfer YOUR account into MINE !

.

Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
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  #25 (permalink)
Massachusetts (USA)
 
Trading Experience: None
Platform: NinjaTrader
Favorite Futures: YM
 
stephenszpak's Avatar
 
Posts: 778 since Jun 2009
Thanks: 144 given, 365 received

More trading one liners. Like, lots more. They require modification
generally. 'Gambling' changes to 'trading'. 'Casino' or 'house' changes to 'market'. etc. etc. etc.
I have posted some below.
==============================================================

"Gambling: The sure way of getting nothing from something."-Wilson Mizne

"Remember this: The house doesn't beat the player. It just gives him the opportunity to beat himself." -Nicholas (Nick the Greek) Dandalos

"Gambling is the future on the internet. You can only look at so many dirty pictures." -Simon Noble, an Austrian-based internet bookmaker

"When we put 50 machines in, I consider them 50 more mousetraps. You have to have a mousetrap to catch a mouse." -Bob Stupak, former Las Vegas casino owner (a 'mousetrap' is a new 'financial instrument', S.S.)

"Suckers have no business with money anyway." -Canada Bill Jones, Legendary Three-card Monte Dealer

I hope to break even this week. I need the money. -Veteran Las Vegas Player

"I've learned the lesson that the worst thing that can happen to a gambler is to let his recent losses or wins knock him off keel emotionally." -Andrew Beyer

"The majority of casino players leave to much to chance when playing in a casino. To put it bluntly, they don't have a clue as to how to play." -Henry Tamburin, gambling author

"A dollar won is twice as sweet as a dollar earned." -Paul Newman, The Color of Money

"When a gambler picks up a pack of cards or a pair of dice, he feels as though he has reduced an unmanageable world to a finite, visible and comprehensive size." -Annabel Davis-Goff, The Literary Companion to Gambling

"If you ain't just a little scared when you enter a casino, you are either very rich or you haven't studied the games enough." VP Pappy

"Guessing has never been widely acclaimed as a good gambling strategy." -Dr. G

"No wife can endure a gambling husband unless he is a steady winner." -Lord Dewar Something to moan out between grinding teeth after this political season.

"If a man who cannot count finds a four-leaf clover, is he lucky?" -Stanislaw J. Lec

"The smarter you play, the luckier you'll be." -Mark Pilarski

"I am now eased in my finances and replenished in my wardrobe." -Andrew Jackson after winning a horse race.

"Shallow men believe in luck. Strong men believe in cause and effect." -Ralph Waldo Emerson.

"Son, we are sorry about the tuition funds...your mother and I did not know you are not supposed to split tens..." -Letters home from people visiting Reno. (Who doesn't know you're not supposed to split tens?! S.S.)





The Best Gambling quotations

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  #26 (permalink)
toronto,ontaio
 
 
Posts: 973 since May 2010

"Rule number one of investing is never lose money. Rule number two is never forget rule number 1" - Warren Buffet.

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  #27 (permalink)
toronto,ontaio
 
 
Posts: 973 since May 2010

"I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms." - Paul Tudor Jones.

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  #28 (permalink)
San Francisco
 
Trading Experience: Intermediate
Platform: Multicharts, Investor R/T, RTrader
 
Posts: 13 since Sep 2010
Thanks: 14 given, 18 received

  • It's OK to be wrong. It's not OK to stay wrong.
  • A fool and his money are lucky enough to get together in the first place.
    • Gordon Gekko, Wall Street
  • The sky is falling. Sell sky!
  • With this uncertainty, everyone I talk to is in two positions: cash and fetal.

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  #29 (permalink)
Massachusetts (USA)
 
Trading Experience: None
Platform: NinjaTrader
Favorite Futures: YM
 
stephenszpak's Avatar
 
Posts: 778 since Jun 2009
Thanks: 144 given, 365 received

There's no chance unless you take one

From the iCarly theme song (hee hee)
===============================================
So you all set Mike? Lots of quotes. Some of which actually have some value.

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  #30 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: SPX, Emini Futures
 
Big Mike's Avatar
 
Posts: 48,154 since Jun 2009
Thanks: 30,777 given, 92,001 received



stephenszpak View Post
So you all set Mike? Lots of quotes. Some of which actually have some value.

I've had some trouble figuring out where on the home page to display them.

Mike

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