Trading Quotes - page 7
The agnostic does not simply say, "I do not know.” He goes another step, and he says, with great emphasis, that you do not know. He insists that you are trading on the ignorance of others, and on the fear of others. He is not satisfied with saying that you do not know,-he demonstrates that you do not know.
Robert G. Ingersoll
The agnostic does not simply say, "l do not know." He goes another step, and he says, with great emphasis, that you do not know. He insists that you are trading on the ignorance of others, and on the fear of others. He is not satisfied with saying that you do not know, -- he demonstrates that you do not know, and he drives you from the field of fact -- he drives you from the realm of reason -- he drives you from the light, into the darkness of conjecture -- into the world of dreams and shadows, and he compels you to say, at last, that your faith has no foundation in fact.
Robert G. Ingersoll
Charles Faulkner tells a story about Seykota's finely honed intuition when it comes to trading: I am reminded of an experience that Ed Seykota shared with a group. He said that when he looks at a market, that everyone else thinks has exhausted its up trend, that is often when he likes to get in. When I asked him how he made this determination, he said he just puts the chart on the other side of the room and if it looked like it was going up, then he would buy it... Of course this trade was seen through the eyes of someone with deep insight into the market behavior.
Ed Seykota
I don't think traders can follow rules for very long unless they reflect their own trading style. Eventually, a breaking point is reached and the trader has to quit or change, or find a new set of rules he can follow. This seems to be part of the process of evolution and growth of a trader.
Ed Seykota
Our work is not so much to treat or to cure feelings, as to accept and celebrate them. This is a critical difference.
Fundamentalists figure things out and anticipate change. Trend followers join the trend of the moment. Fundamentalists try to solve their feelings. Trend followers join their feelings and observe them evolve and dis-solve.
The feelings we accept and enjoy rarely interfere with trading.
Trying to treat or cure feelings adds mass.
Ed Seykota
Van Dyck was proud to be Dutch. Their country might be small... It was the maritime Dutch who had built up a trading empire that was the envy of the nations. Their cities - Amsterdam, Delft, Antwerp - where the rows of tall, gabled houses lined stately canals and waterways, were heavens for artists, scholars and freethinkers from all over Europe, in this, the golden age of Rembrandt and Vermeer.
Rembrandt
Voluntary exchanges are by definition advantageous to their participants. Within this voluntary, mutually beneficial relationship, I give up an item I value less, for something I value more: a fee for the desired product or service. My trading partners, whose valuations are in complementary opposition to mine, reciprocate in kind. Ceteris paribus (all other things being equal), there's nothing wrong with my running a trade deficit with Costco, my hair stylist or my GTI dealer, as I do-just as long as I pay for my purchases. However, the data demonstrate that Americans, in general, are not paying for their purchases.
Ilana Mercer
Bangladesh is heavily invested in advertising itself to Americans and other potential trading partners as a "moderate Muslim country." ... Over the last few decades, however, they have come more and more under the thumb of radical jihadis. Yet, they have not stopped trying to portray themselves as what they perhaps were at one point, and few Americans know that the reality is not what they are saying it is.
Richard Benkin
When someone asks me where MP3 Newswire stands with regards to file trading (or piracy as some try to call it) I tell them that we support the growth of this notion of an online music industry. One that uses technology to bring us more music, broadening our pallettes while leveraging the Net to reduce distribution costs. The music can be paid for like CDs and tape or it can be free to its audience and supported by advertising like radio and MTV are. Whatever the model, the point is online music easily can and does supplement what we already purchase in the stores.
Richard Menta
In the Clunie Public Library in Sacramento, in those last years of a legally segregated America, there was no segregated shelf for Negro writers. Frederick Douglass on the same casement with Alexis de Tocqueville, Benjamin Franklin. Today, when our habit is willfully to confuse literature with sociology, with sorting, with trading in skins, we imagine the point of a "life" is to address some sort of numerical average, common obstacle or persecution. Here is a book "about" teenaged Chinese-American girls. So it is shelved.
Richard Rodriguez
In a world that had become a salvage operation, the general supply evolved into Union Grove's leading industry. When every... useful thing in town had been stripped from the Kmart and the United Auto, the CVS drugstore, and other trading establishments of the bygone national chain-store economy, daily life became a perpetual flea market centered on the old town dump.
James Howard Kunstler
Hayek should be taken seriously because he has correctly identified as the most serious problems confronting civilization in the twentieth century the problems of nationalism and totalitarianism. Even with the dereliction of European communism at the end of the twentieth century, the problems which remain or are reemerging in the shape of ethnic conflict, separatist national movements, and regional trading blocs stem from practices and ideas which the liberal tradition has consistently criticized: ideas hostile to individualist, universalist, and egalitarian moral principles. While thinkers like Hannah Arendt have also recognized the threat and moral danger posed by totalitarianism, it is in Hayek's work that we have the most thorough attempt to understand the logic of its institutional alternative.
Friedrich Hayek
Traditionally there's this barrier between the people who make movies and the people who watch them, and I think it sucks. Making Hollywood this castle on a hill and crowning actors the "Stars" might have been exciting and even brought people together last century, but now it's grown kind of disgusting in its excesses and it's no longer bringing people together-it's keeping people apart. It always turns my stomach a little when, because I'm in movies and on TV, people sometimes treat me as if I'm somehow different from, even above, a normal person. But the emails, posts, and comments I've been trading recently with people through those aforementioned sites cause me no nausea; they inspire me. There's no nasty status predicated on "Fame" or "Fortune." There's just that beautiful thing, the point of all art in the first place: a connection between one individual and another.
Joseph Gordon-Levitt
[Having to negotiate new trading rules from scratch would lead to a long period of unacceptable uncertainty for British business.] Seven years of not knowing what the arrangements would be for trading with Europe... Seven years of uncertainty for businesses wanting to invest in Britain not knowing what our relationship with Britain would be. They cannot be justified. They cannot be in our national interest. We should reject that out of hand.
David Cameron
What Stalin wanted in Europe above all, as we have seen, was security. But he was also interested in the economic benefits to be had from his victories in the West. The little states of central Europe, from Poland to Bulgaria, had lived under the shadow of German dominion long before World War Two: in the 1930s especially, Nazi Germany was their main trading partner and source of foreign capital. During the war this relationship had been simplified into one of master and slave, with Germany extracting for its war effort the maximum possible output from land and people. What happened after 1945 was that the Soviet Union took over, quite literally, where the Germans had left off, attaching eastern Europe to its own economy as a resource to be exploited at will.
Tony Judt
