A Quote by Priti Patel
I know the value and significance of trading opportunities and have seen myself from Americas to the Far East the power of trade and open markets.
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Americas largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.
I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.
Why were there far more species of domesticated animals in Eurasia than in the Americas? The Americas harbor over a thousand native wild mammal species, so you might initially suppose that the Americas offered plenty of starting material for domestication.
Old ideas of not trading because 'they won't open their markets to us' miss the entire point of allowing goods to be imported into the United States - because we want and need them and because someone here believes that the good or service received in exchange for our dollars creates value for them.
Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.
Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing 'trading pits' for the open-outcry exchange by brokers representing buyers and sellers.
Intentional living is the bridge to significance. At the end of every year, I take time out to reflect and evaluate the events of the previous year - what went well and what needed improvement. From that inventory, I lay out my next year - how I intend to live, make the best use of time and maximize adding value to others. Success asks, 'How can I add value to myself?' Significance asks, 'How can I add value to others?' It is your intention that lends itself to significance.
Most people would trade everything they know, everyone they know- they'd trade it all to know they've been seen, and acknowledged, that they might even be remembered. We all know we die. We all know the world is too big for us to be significant. So all we have is the hope of being seen, or heard, even for a moment.
Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.
Canada and the United States are also working at the World Trade Organization and in our own hemisphere with negotiations for a Trade Area of the Americas to try to help countries create a positive climate for investment and trade.
I think there are a lot of opportunities in the Americas that matter deeply to 45 million Latinos in this country, and I would hope to be able to work to maybe elevate the profile of the Americas in our discussion about American global leadership.
A day will come when markets, open to trade, and minds, open to ideas, will become the sole battlefield.
While I believe firmly in open markets and free trade, I also believe an open market needs a level playing field.
Prostitution will always exist in every society, so I believe in a fair trade. Open the doors for women to earn their money without having pimps. The worst thing is to criminalize it, because then you open the doors for pimps, criminals, and trading.
A lot of people believe they are successful because they have everything they want. They have added value to themselves. But I believe significance comes when you add value to others and you can't have true success without significance.
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliché, but the single most important reason that people lose money in the financial markets is that they don't cut their losses short.
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