The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is "low." Nor can we know what price is "high." Always remember that sugar once fell from $1.25/lb to 2 cent/lb and seemed "cheap" many times along the way
The Best Trading Proverbs
- Thread starter JTrades
- Start date
Wow this one hit me hard,
Especially coming from a coding backround. There, every day is spent building and constructing the engines that drive today's businesses.
Do you know the author, by any chance?
- The Stock Market is designed to transfer money from the Active to the Patient. – Warren Buffett
- A fool and his money are soon parted – Thomas Tusser
- Rule No.1: Never lose money. Rule No.2: Never forget rule No.1 – Warren Buffett
“Investing should be more like watching paint dry or watching grass grow. If you want excitement,trade or take $800 and go to Las Vegas.”
I knew you merchants/sellers have to keep the trading gold rush going , because you are not really traders , but sellers who sell to the speculators
You would be out of business , if all traders knew!
You would be out of business , if all traders knew!
In the gold rush brothels also brought in large profits, especially when combined with saloons and gaming houses
The dumb educating the dumber .I don't want the likes of the dumb and the dumber."It is remarkable how many people mistake a bull market for brains."jim rogers