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Favorite Trading Sayings / Quotes

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all narratives are true; some of them actually happened

 

(from a letter to the editor of the economist about Religion and America, it is paraphrased, but I thought it could be applied very well to

1...how people see the market,

2....how people relate what they think they saw,

3....how people relate their trading expertise (especially some vendors - though not a dig against them :) - they are a necessary part of the machine)

)

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The great American philosopher Kenny Rogers, who, while meditating on the nuances of Darwinism, gave the world this piece of advice:

 

"You got to know when to hold 'em

Know when to fold 'em

Know when to walk away

Know when to run."

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One of the former largest grain floor traders in the World (dabbles as a screen trader now) who is a friend of mine used to say,

 

"Got a Hunch, Bet a Bunch."

 

I always thought, "Gee you're a gambler... not me"... :doh:

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One of the former largest grain floor traders in the World (dabbles as a screen trader now) who is a friend of mine used to say,

 

"Got a Hunch, Bet a Bunch."

 

I always thought, "Gee you're a gambler... not me"... :doh:

 

 

There we have the intuition again... ;)

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just saw a guy in the street with a t-shirt written on it ......

 

"optimise for success.....curve fit for comfort"

 

 

Great quote! :)

 

Was this an ad or something? If so, do you remember the company name? Just curious...

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Great quote! :)

 

Was this an ad or something? If so, do you remember the company name? Just curious...

 

no it was just printed on his t-shirt (white with orange writing) - I didn't see any logo but I kind of figured it was a quant guy taking the piss

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