Quotes for Traders

Politics

You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help the wage earner by pulling down the wage payer.
You cannot further the brotherhood of man by encouraging class hatred.
You cannot help the poor by destroying the rich.
You cannot keep out of trouble by spending more than you earn.
You cannot build character and courage by taking away a man's initiative and independence.
You cannot help men permanently by doing for them what they could and should do for themselves.

Abraham Lincoln

Success is moving from failure to failure without losing enthusiasm.

Winston Churchill

If you think you can, or you think you cannot.
You are probably right.

Benjamin Franklin

Early morning hath gold in its mouth.

Benjamin Franklin

Always bear in mind that your own resolution
to succeed is more important than any one thing.

Abraham Lincoln

We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard.

John F. Kennedy

It is not the critic who counts, nor the man who points out where the strong man stumbled, or where a doer of deeds could have done them better. The credit belongs to the man in the arena whose face is marred by dust and sweat and blood, who strives valiantly, who errs, and who comes up short again and again, who knows the great enthusiasms, the great devotions, and spends himself in a worthy cause. The man who at best knows the triumph of high achievement and who at worst, if he fails, fails while daring greatly, so that his place will never be with those cold timid souls who never knew victory or defeat.

Teddy Roosevelt

Happiness is not to be achieved at the command of emotional whims. Happiness is not the satisfaction of whatever irrational wishes you might blindly attempt to indulge. Happiness is a state of non-contradictory joy-a joy without penalty or guilt, a joy that does not clash with any of your values and does not work for your own destruction, not the joy of escaping from your mind, but of using your mind's fullest power, not the joy of faking reality, but of achieving values that are real, not the joy of a drunkard, but of a producer. Happiness is possible only to a rational man, the man who desires nothing but rational goals, seeks nothing but rational values and finds his joy in nothing but rational actions. Just as I support my life, neither by robbery nor alms, but by my own effort, so I do not seek to derive my happiness from the injury of the favor of others, but earn it by my own achievement. Just as I do not consider the pleasure of others as the goal of my life, so I do not consider my pleasure as the goal of the lives of others. Just as there are no contradictions in my values and no conflicts among my desires-so there are no victims and no conflicts of interest among rational men, men who do not desire the unearned and do not view one another with a cannibal's lust, men who neither make sacrifices nor accept them. The symbol of all relationships among such men, the moral symbol of respect for human beings, is the trader. We, who live by values, not by loot are traders, both in manner and spirit. A trader is a man who earns what he gets and does not give or take the undeserved. A trader does not ask to be paid for his failures, nor does he ask to be loved for his flaws. A trader does not squander his body as fodder, or his soul as alms. Just as he does not give his work except in trade for material values, so he does not give the values of his spirit-his love, his friendship, his esteem-except in payment and in trade for human virtue, in payment for his own selfish pleasure, which he receives from men he can respect. The mystic parasites who have, throughout the ages, reviled the trader and held him in contempt, while honoring the beggars and the looters, have known the secret motive of the sneers: a trader is the entity they dread-a man of justice.

Atlas Shrugged by Ayn Rand

Arts

Simplicity is the ultimate sophistication./p>

Leonardo da Vinci

The heights by great men reached and kept
were not attained by sudden flight,
but they while their companions slept
were toiling upward in the night.

Henry Wadsworth Longfellow

But as for certain truth, no man has known it,
Nor will he know it; neither of the gods,
Nor yet of all the things of which I speak.
And even if by chance we were to utter
The perfect Truth, he would himself not know it:
For all is but a woven web of guesses.

Xenophanes

Happy families are all alike; every unhappy family is unhappy in its own way.

Leo Tolstoy, Anna Karenina, Chapter 1, first line
(Trading application -> good trades are all alike, every bad trade is a unique story...)

'What makes the desert beautiful' said the little price,
'is that somewhere it hides a well.'

Antoine De Saint Exupery

One must wait until the evening to see how splendid the day has been.

Sophecles

Life can only be understood backwards; but it must be lived forward.

Soren Kirkegaard

War

Pain is just weakness leaving the body...

United States Marine Core Ad

Victory is reserved for those who are willing to pay its price.

Sun Tzu

Success tends to go not to the person who is error-free, because he also tends to be risk-averse. Rather it goes to the person who recognizes that life is pretty much a percentage business. It isn't making mistakes that's critical; it's correcting them and getting on with the principal task.

Donald Rumsfeld

Sports

Funny, the more I practice, the luckier I get.

Gary Player

You miss 100% of the shots you never take.

Wayne Gretzky

Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength.

Arnold Schwarzenegger

I've missed more than 9,000 shots in my career. I've lost almost 300 games. Twenty-six times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed.

Michael Jordan

If you do what you always did, you are going to get what you always got.

Yogi Bera

If you come to a fork in the road; take it.

Yogi Bera

Past data has a lot of good in it, but it is the bad side that is bad.

Yogi Bera

When asked, 'What is the fastest way to improve at golf?' replied 'Play for a $100 a stroke'.

Sammy Snead

Business

Markets can remain irrational longer than you can remain solvent.

Keynes

Trading is like playing chess with God.

George Soros

Wall Street never changes, the pockets change,
the stocks change, but Wall Street never changes,
because human nature never changes.

Jesse Livermore

Science

Things should be made as simple as possible, but not simpler.

Albert Einstein

Many of life's failures are people who did not realize how close they were to success when they gave up.

Thomas A. Edison

Forum Wisdom

Most of the time making money is boring, but losing it is exciting.

Leonard Kreicas

There's a fine line between fishing and standing on the shore looking like an idiot.

Steven Wright

Everyone is Dr. Master of the last tick,
and Mr. Humble at the next tick...

...Forum Wisdom