A Quote by Benjamin Graham
As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.
Related Quotes
If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!
Very few people will roll the dice with their lives. I play Russian roulette.
Because of all our presidents, Barack Obama is the one most likely to be descended from a slave trader, since Kenya had a major slave-trading port, and the Muslims were heavily involved in the slave trade.
The truth is that once you get down on the trading floor, you find that the traders come from all walks of life. You don't have to be a rocket scientist to be a trader. In fact, some of the best traders whom I knew down on the floor were surf bums. Formal education didn't really seem to have much to do with a person's skill as a trader.
Regardless of what we think we know and should happen the reality is that a lot of stock action is random. Therefore, money management is crucial if you want to be successful as a trader. To me, it`s the cornerstone of both making a living at trading and building wealth.
You know how on the evening news they always tell you that the stock market is up in active trading, or off in moderate trading, or trading in mixed activity, or whatever. Well, who gives a
The way the textbook works is you have gains from trade that should be distributed across all the trading partners. As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe, and over time, it threatens the entire integrity of the global financial system and the global trading system.
I'm not a free trader, but I am a free trader, but I'm also a fare trader and a smart trader. I want to make sure that the United States gains something. So I think you would probably agree.
I've been gambling since the age of 12. Horses, dogs, dice, roulette, you name it.
There is only one problem on which all my existence, my peace, my happiness depend: to discover myself in discovering God. If I find Him I will find myself and if I find my true self I will find Him.
Basically, what I do is place a stop, generally 10 to 20 percent below the current price, whenever I buy a stock. The exact level depends on my own analysis of a stock's trading pattern. If a stock violates this stop, I'm out.
Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.
Sure, my uncle killed himself playing Russian Roulette. But I choose to remember him as a great Russian Roulette player.
We've had presidents that have put their stock into account and they didn't know what their stock mix was and I like that. And I think Donald Trump has agreed that he would do the same on his stock. He's either sold it or will do it.
The roulette table pays nobody except him that keeps it. Nevertheless a passion for gaming is common, though a passion for keeping roulette tables is unknown.
I don't really care for or that much about Chat Roulette. I think the phenomenon of it and like the first wow factor which was so absolutely insane about Chat Roulette. Certainly that's what inspired me to make that movie but I think that's true for everyone that used Chat Roulette which is why it was such an explosion. Now it's just kind of disappeared. You don't hear much about it anymore.
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