The Best Trading Proverbs

Discussion in 'Trading' started by JTrades, May 29, 2014.

  1. themickey

    themickey

    ".....Instead of thinking about classes and money, we need to think about optimizing our personal happiness. This comes from making and maintaining strong personal connections, learning new skills, spending more time on outdoor exercise, letting go of jealously and worry, embracing hardship with gusto, and finding ways to help others.

    Interestingly enough, all of these things also improve your financial picture so that you can rise from low-income to middle class, or from middle to upper."

    http://www.marketwatch.com/story/mr...ate-fear-jealously-and-entitlement-2017-04-24
     
    #861     Apr 25, 2017
    dealmaker likes this.
  2. dealmaker

    dealmaker

    "There isn't one indicator that is the holly grail. Holly grail is the risk management."
    - John Person
     
    #862     Apr 25, 2017
    murray t turtle likes this.
  3. OK. Energy fuels global prosperity. XOM annual report quote; NOT a stock tip LOL.......
     
    #863     Apr 26, 2017
    viruscore1 likes this.
  4. #864     Apr 26, 2017
    tommcginnis likes this.
  5. dealmaker

    dealmaker

    #865     Apr 26, 2017
    murray t turtle likes this.
  6. %%
    Good Warning.
    '' Bad ! Bad ,says the buyer!'' Then he goes his way [+ brags about his bargain .]Proverbs 20;14 GWT
     
    #866     Apr 26, 2017
  7. themickey

    themickey

    Hey, but thats the real fact about Wall Street on how it operates.
    Broadcast to dumb money and all and sundry "You should be buying now" - At market tops and
    Broadcast to dumb money et al; "You should be selling now" - At market bottoms :)

    Trading would have to be one of the most devious business' around, it's quite funny I think.
     
    #867     Apr 26, 2017
    murray t turtle likes this.
  8. comagnum

    comagnum

    This is my own quote

    "everyone want to follow the smart money - not me, I like to follow the dump money because their wipe outs are blatant and the risk/reward gets skewed to the extremes creating the best trades" CroMagnum
     
    Last edited: Apr 26, 2017
    #868     Apr 26, 2017
  9. ironchef

    ironchef

    I see, you were the one following me around.
     
    #869     Apr 26, 2017
    comagnum and murray t turtle like this.
  10. Overnight

    Overnight

    I don't think it is a proverb, but it works for me after a trading day...

     
    #870     Apr 26, 2017