The Best Trading Proverbs

[dealmaker]

"A goal without plan is just a wish"
- Antoine de Saint-Exupéry

 

[dealmaker]

"The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd." - Bertrand Russell

 

[tommcginnis]

"When you are in a probabilistic field your focus should be on the process so you make the right decision rather than solely on the outcome."

- Michael Mauboussin

"Gamblers work for results, while the casino works the process."

 

[dealmaker]

"Capital is a commodity but good investment ideas are rare assets"

- William Ackman

 

[Van_der_Voort_4]

"I'm gonna say something to you. You're smart, you're talented and you know a few things but talent means nothing if you don't make the right choices. There's plenty of talented people out there who never see the light of day anymore. Last thing, it takes discipline because this whole game is one big long shot and if you don't have the discipline to stay away from the fliers or from the gambles or whatever else you wanna call a stupid move then, my friend, I'm afraid to say, one day you will go down. It's inevitable."

Nick quote from "The Score"

 

[Humpy]

If monkeys throwing darts can do better than the experts, I should do well.

 

[themickey]

I never made a mistake in my life; at least, never one that I couldn't explain away afterwards.

Rudyard Surf Kipling

 

[murray t turtle]

The futures don't look like they use too..

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Exactly ,LOL. Thats why i may use the word derivatives more than futures. Futures are not really about the the future/prediction anyway.

 

[viruscore1]

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Exactly ,LOL. Thats why i may use the word derivatives more than futures. Futures are not really about the the future/prediction anyway.

It's a Yogi Berra quote. A play on worlds relative to futures traders.

 

[themickey]

If you feel or insist you have to be right you'll be wrong.