What's your favorite trading quote of all time?

misterioso · Dec 18, 2006

Gordon Gekko: You're walking around blind without a cane, pal. A fool and his money are lucky enough to get together in the first place.

also...

Gordon Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.

also...

Gordon Gekko: I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought.

and finally...

Gordon Gekko: The most valuable commodity I know of is information.

nazzdack · Dec 18, 2006

"When emerging markets turn into submerging markets, you have to be very, very careful."

jcmonger · Dec 18, 2006

"your only as good as your last trade"....unknown

my grandpa told me this one, not sure where he got it:
"It's not what you know it's who you know...and it's not who you know, it's what they think of you."

I like the "chop wood carry water" one to.

Regards,
J.C.

marketsurfer · Dec 19, 2006

Quote from ProfLogic:

I'll top that with the STUPIDEST marketsurfer statement of the week . . . they come weekly to a thread near you.

Quote from marketsurfer:

ah, you better get another lawyer. patents can be and are renewed on a regular basis. coca cola is a prime example.
--------------------------------------------------------------------------------

My response taken directly from the government copyright office website.

Merry Christmas!

you are mistaken, once again.

coca cola holds over 800 patents which are renewed on a regular basis.

what on earth are you talking about??

ProfLogic · Dec 19, 2006

Quote from marketsurfer:

you are mistaken, once again.

coca cola holds over 800 patents which are renewed on a regular basis.

what on earth are you talking about??

The formula for Coke is a Trade Secret idiot, it's not patented. The patents that Coke holds are primarily for their manufacturing process. Go ask your research monkey to look it up for you.

For those that are interested (and I doubt any are) in the ACTUAL conversation, not some concoction of marketsurfers imagination, click here:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1294909#post1294909

Nattdog · Dec 21, 2006

"Everyone gets what they want out of the market."

This must have been dreamed up after reading one to many 70's pop psychology books. Completely bogus and easily refuted.

HispaTrader · Dec 21, 2006

"In the markets, whatever is obvious is obviously wrong."

"One should fear to tread where fools rush in."

dagobaz · Dec 21, 2006

"He either fears his fate too much, Or his deserts are small, That puts it not unto the touch To win or lose it all."
--James Graham, Marquis of Montrose

and

âEighty percent of success is showing up.â
-- Woody Allen

OddTrader · Dec 21, 2006

Quote from marketsurfer:

"trends only exist in hindsight"

I'd have to agree. You're quite right again, as usual. That's the main difference between winners and losers in trading.

ProfLogic · Dec 22, 2006

Quote from OddTrader:

I'd have to agree. You're quite right again, as usual. That's the main difference between winners and losers in trading.

Yo Odd, when are you going to post a response in the earlier thread to show an example of a Market that isn't trending? I've been waiting almost 2 weeks for your response. Can't be that hard since they don't exist.