A Quote by William Eckhardt
You can be very promiscuous in your research, but not in your trading.
Quote Topics
Quote Author
Related Quotes
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.
You must fully understand, strongly believe in, and be totally committed to your trading philosophy. In order to achieve that mental state, you have to do a great deal of independent research. A trading philosophy is something that cannot just be transferred from one person to another; it's something that you have to acquire yourself through time and effort.
To be honest, I don't usually do very much research, especially if I'm working with a director who also wrote the screenplay. They've usually done a tonne of research. And they'll tell you about it from their perspective which is better than doing your own research.
With Twitter, you can build your own virtual trading floor and research department, populated by the smartest people on earth. Almost any subject or sector has you can think of, you can find a few people with an expertise in that area.
Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition.
[To write poems] I think it's important to do research, and research mostly is going to come from books, so all of your reading is potentially helpful to your poetry.
Trading is very competitive and you have to be able to handle getting your butt kicked.
As a society, we have this perception that women are emotional. The research, however, tells us that, on trading floors, that poor risk rises and falls with testosterone levels, and these trading floors are 85 percent, 90 percent male, and these gentlemen tend, under periods of stress, to show off for each other. That's dangerous.
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.
Your body, which is very physical, is under the influence of your thoughts, your feelings, your emotions, your dreams, your fantasies, your desires, your instincts, your drives, your imagination. All these things orchestrate themselves - all these internal activities that are in the invisible domain that we call consciousness actually have very precise physical effects both in our biology, but they also influence our perception of the world.
Your very existence is evidence of your innate creativity. In every moment you are co-creating your reality through your thoughts, your intentions, your words and your actions.
But my point is that you design something in the end that precludes any unhealthy trading practices that are not going to serve your environmental or your economic objectives but now is not the time to do it.
until ... the promiscuous woman is recognized, not only in law but in public opinion, as being neither better nor worse than the promiscuous man, equality has not been won in the moral sphere.
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
Scientific research was much like prospecting: you went out and you hunted, armed with your maps and instruments, but in the ened your preparations did not matter, or even your intuition. You needed your luck, and whatever benefits accrued to the diligent, through sheer, grinding hard work.
No. Better research needed. Fire your research person. No fishnet stockings. Never. Not in this band.
Related Authors
Jeff Yass Quotes
American
Trader
Jerome Kerviel Quotes
French
Trader
Jesse Lauriston Livermore Quotes
American
Trader
Linda Bradford Raschke Quotes
American
Trader
