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Trading related one-liners
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Trading related one-liners

  #41 (permalink)
Market Wizard
Boca Raton
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
mattz's Avatar
Posts: 2,446 since Sep 2010
Thanks: 2,367 given, 3,640 received

Why Does it take 2 minutes to get stopped and an hour to hit a profit?

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #42 (permalink)
New Jersey
Posts: 2 since Aug 2010
Thanks: 0 given, 11 received

Do something that you love and you'll never work a day in your life


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  #43 (permalink)
Philly, Pa
Trading Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
tigertrader's Avatar
Posts: 5,949 since Jul 2010
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"To make great sums of money, you must first learn how to lose much smaller sums when wrong." Paul Tudor Jones

...also anything uttered by Bernard Baruch, Livermore (Jesse not Lawrence), Einstein ( Albert not Bob), and Twain (Mark not Shania).

Favorite Proverb...approximate translation from the Hungarian original

"You can only re-heat the stuffed cabbage so many times, before it falls apart"

in other words, You can only go to the well so many times, before you run out of water. wonder Soros and Birinyi are so rich!

Last edited by tigertrader; October 10th, 2010 at 04:51 PM.
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  #44 (permalink)
St. Petersburg, Fl
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: ES,NQ, YM, CL,6E
ollie's Avatar
Posts: 196 since Apr 2010
Thanks: 25 given, 221 received

One liners

"Trading is a game of adjustments."

Keep things as simple as possible, but no simplier. Albert Einstein

If you can't explain it to an eight year old it's to complicated
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  #45 (permalink)
United Kingdom
Posts: 23 since Sep 2010

The markets are up and down like a tarts knickers

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  #46 (permalink)
Posts: 11 since Oct 2010
Thanks: 37 given, 8 received

Elephants get mighty big eating peanuts.

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  #47 (permalink)
Paradise, USA
Trading Experience: Beginner
Platform: Big Charts
Favorite Futures: E-mini, Forex, Futures, Equities, Options
rtrade's Avatar
Posts: 502 since Nov 2010
Thanks: 578 given, 377 received

My Money Management saying...

"You can't go broke with a PROFIT."

"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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  #48 (permalink)
Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 47,773 since Jun 2009
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rtrade View Post
"You can't go broke with a PROFIT."

This is not the best thread to discuss this so I don't want to get , but... I used the say the same thing (can't go broke taking profits). However, I've stopped saying that because I realized it was inaccurate. You can, indeed, go broke taking profits, and in fact --- this is how most people DO go broke, in my opinion. I believe if you try to identify the biggest problems traders face, at the very top of the list would be "taking profits too soon" (basically meaning their profits are smaller than their losses).

It's death by a thousand cuts.


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

I understand your point Mike, however that was definitely
a trading related one-liner.

If no one has said it yet here's one everybody knows:

"Let your winners run and cut your losers off."

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  #50 (permalink)
Atlanta, Georgia
Trading Experience: Intermediate
Platform: NT
Broker/Data: DDT
Favorite Futures: ZN, ZB
cbritton's Avatar
Posts: 224 since Mar 2010
Thanks: 152 given, 247 received

"If you don't know how to read price action, then indicators won't help you."

Forgot where I saw this, but it stuck in my head when I read it.


“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
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