Day Trader Quotes & Sayings

I look forward to the promising upside of the long-term that lingers ahead for me after such abysmal days. Things always just seem to balance out in the long run. In fact, I'm almost there. The zero line is within inches of my trembling outstretched grasp. — David B. Lentz

We hold these stories and mad idea and events in our head and they run around and around telling us we are different, separate, broken.
Then one day the mad idea escapes the asylum. Most times it's unplanned. It just tumbles out on the lap of the man sitting next to us on the bus, or it slips sideways into a conversation on line at the Trader Joe's or it falls out at the kitchen table when your neighbor comes to pick up her cat.
And there is a terrifying moment when it first hits the light of day, where we think, "holy mother of God! What have I done? How could I have been to casual with my crazy ways?"
But the man on the bus just smiles and nods his head, and the casher takes a moment to look us in the eye and the neighbor sits for a cup of tea and together we move into some new agreements that we are all in fact crazy and it's so much nicer to be out of the closet with it all. — Maureen Muldoon

The day of my departure at length arrived. Clerval spent the last evening with us. He had endeavoured to persuade his father to permit him to accompany me and to become my fellow student, but in vain. His father was a narrow-minded trader, and saw idleness and ruin in the aspirations and ambition of his son. Henry deeply felt the misfortune of being debarred from a liberal education. He said little, but when he spoke I read in his kindling eye and in his animated glance a restrained but firm resolve not to be chained to the miserable details of commerce. — Mary Shelley

And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control. — Paul Tudor Jones

Vincent Gallo has put a curse on my colon and a hex on my prostate. He called me a 'fat pig' in the New York Post and told the New York Observer I have 'the physique of a slave-trader.' He is angry at me because I said his 'The Brown Bunny' was the worst movie in the history of the Cannes Film Festival ...
it is true that I am fat, but one day I will be thin, and he will still be the director of 'The Brown Bunny.' — Roger Ebert

Without electricity or gas, the kitchen became a twilight mausoleum of dead appliances. One day, Natasha had an idea. Wearing latex gloves she found in Sonja's room, she scrubbed the innards of the oven and refrigerator with steel wool and bleach. She cut a broomstick to the width of the refrigerator compartment, jammed it in below the thermostat control, and pulled out the plastic shelves. In her bedroom, she gathered clothes from the floor in sweeping armfuls and deposited them before the refrigerator and the oven. Ever since she had begun working for the shuttle trader, her wardrobe exceeded her closet space. She hung silk evening dresses and cashmere sweaters on the broomstick bar, set folded jeans and blouses on the oven rack. When finished, she opened the doors to her new closet and bureau and felt pleased with her ingenuity. This is how you will survive, she told herself. You will turn the holes in your life into storage space. — Anthony Marra

When your account has these massive swings up and down, there's a tendency to feel a rush when the market is going your way and devastation when it's going against you. These emotions do absolutely nothing to make you a good trader. It's far better to keep the equity swings manageable and strive for a sense of balance each day, no matter what happens. — Tom Basso

Traders and quants are genuinely different species. Traders pride themselves on being tough and forthright while quants are more circumspect and reticent. These differences in personality are reflections of deeper cultural preferences. Traders are paid to act. All day long they watch screens, assimilate economic information, page frantically through spreadsheets, run programs written by quants, enter trades, talk to salespeople and brokers, and punch keys. It's hard to have an extended conversation with a trader during the business day; it takes an hour of standing around to have five minutes of punctuated repartee. Part of what traders do has a video game quality. In consequence, they learn to be opinionated, visceral, fast-thinking, and decisive, though not always right. They thrive on interruption. Quants — Emanuel Derman

Nothing stays forever, nobody does rather. All the things, people will leave you one fine day and you'll be a wanderer in solitude again. You'll moan again silently through the process of decaying. All your richness or poorness
was never really of worth.
When you were born, you were dead, respiring to cease. You're a trader, exchanging everything! — Nupur Walia

Last call. It was about that time. He'd probably been drinking liquid courage all night, waiting for his chance to hit on her. I had little choice in assuming he was a three-time loser with a wad-of-cash to wave around and a bozo smile to boot. About to prate his many accomplishments as a man of the world and his travels among the world's top markets. — Bruce Crown