The desire to maximize the number of winning trades (or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.
The hardest thing to do in this league is to get a proven star. It's just very hard to do. It's hard to do in free agency; it's hard to do in trades. You get very few opportunities to do it.
In the garment trades, on the other hand, the presence of a body of the disfranchised, of the weak and young, undoubtedly contributes to the economic weakness of these trades.
Hence, within the space of two generations there has been a complete revolution in the attitude of the trades-unions toward the women working in their trades.
All trades, arts, and handiworks have gained by division of labor... Where the different kinds of work are not distinguished and divided, where everyone is a jack-of-all-trades, there manufactures remain still in the greatest barbarism.
The commerce of intellect loves distant shores. The small retail dealer trades only with his neighbor; when the great merchant trades he links the four quarters of the globe.
We must not fall into the mistake of thinking that it is America that trades with Taiwan or Europe that trades with Asia. The truth is that it is American companies that trade with Taiwanese companies.
Larry Bird is a hard man to deal with. He tries to make unfair trades.
Anytime a guy gets traded at midseason - a young player - it's surprising.
Would I want to get traded again midseason? Hopefully, never.
Rome's just a city like anywhere else. A vastly overrated city, I'd say. It trades on belief just as Stratford trades on Shakespeare.
When you fall into a midseason slot, you have the sort of blessing of not being on television while you shoot most of your season.
The idea of a financial transaction tax on Wall Street trades is gaining momentum. I have a bill called - nicknamed the Robin Hood tax also. It's a bill that taxes stock trades, derivatives and bonds, and would generate in the neighborhood of $300 billion a year.
When you're trading well, you have a better mental attitude. When you're trading poorly, you start wishing and hoping. Instead of getting into trades you think will work, you end up getting into trades you hope will work.
On the New York Stock Exchange, all buy and sell orders are routed through a single 'specialist,' guaranteeing that most small trades can be matched directly. But most larger trades are delivered to the specialist on the floor of the exchange by human brokers, a system that big investors view as increasingly inefficient.
February is always a bad month for TV sports. Football is gone, basketball is plodding along in the annual midseason doldrums, and baseball is not even mentioned.