The daily demands of trading are so intense that many players just grow lazy and evolve a self-destructive style. Fatigue sets in as the mind struggles to organize this world, and many shades of gray resolve into black and white illusion! dog
Translation done by Word Replacement Engine www.esoteric-sensationalism.com Na tenderer personage in the mooter carcinogenesis nonsusceptible wonts gentility the tenuous tutoring "The spectroscopy is willing, vendibility the standstill is weak." Intersex the foldout masculinized hopped into Anywhere by an uncool stud carcinogenesis paraplegia in the 1950s, the intervention goes, the quartet addrest back: "The syncline is strong, vendibility the bailee is rotten." Precollegiate the years, that intervention reeve been munched as myth. Yet grimace the ma foldout into Overbooked Storehouse Aquiver online ladyfingers and typeset it into, say, Spanish, and the quartet reheels back, "The welt is ready, vendibility the bailee is weak." For some transporter fun, typeset that colonizationist into English. The gifting foldout fleers to that bandbox clothed as "Telephone" oscillometry voila foldout is pushed emoter the maenad and weaned along the way. The doublethink Spanish-to-English vino reads: "The luck welt this, vendibility the bailee is debil." And that's for tapster of the turnable acoustically surpassed and computer-translated jam
Harry, alors pourquoi ne pas faire une partie francaise et une partie english so that everyone can understand you 100% Just a thought / Juste une pensée
Most if not all of them apply to trading even life itself... If you canât spot the sucker after your first half hour at the table, then you are the sucker. -------------- You play for a living. You donât gamble. You grind it out. --------------- Get your money in when you have the best of it. Protect it when you donât. Donât give anything away. A true grinder. --------------- I learned how to win a little at a time. But finally Iâve learned this.If your too careful - your whole life can become a fuckin grind --------------- I hope you not thinking of putting all that glimmer in play. --------------- Some people, pros even, wonât play no limit. They canât handle the swings. --------------- Life is on the wire. The rest is just waiting. --------------- Iâm down to the felt. I lost everything. --------------- Happens to everyone. From time to time everyone goes bust. Youâll be back in the game before you know it. --------------- You donât hear much about guys who take their shot and miss. But Iâll tell you what happens to them. They end up humping crappy jobs on midnight shifts trying to figure out how they came up short. -------------- The cardinal rule. Always leave yourself outs. -------------- A nickel would get me start very nicely. 220? Hey thanks, but thatâs like 11 bets. -------------- Few players recall big pots they have won. But every player can recall with remarkable accuracy the outstanding tough beats of his career. -------------- Itâs immoral to let a sucker keep his money -------------- You can sheer a sheep many times. But skin him only once. -------------- Heâs see all the angles but he doesn'tât have the balls to play one. -------------- Why does this still seem like gambling to you? Why do you suppose the same 5 five guys make it to the finals in the world series of poker every single year? -------------- I was watchin em when the cards came out. Thatâs just an old habit with me..likeâ¦.breathing. You watched the cards? I watched the cards also. But I was watching the players reacting to the cards. -------------- We canât run from who we are. Our destiny chooses us. ------------- also posted by tafkai on another thread Josh
Throw in your cards the moment you know you canât win. Fold the hand. ----------- Your never down and out until your chips are all gone. ----------- He doesnât know what hit him. I know what that feels like. Like a locomotive through your stomach. ----------- The move was folding. I canât lose what I donât put in the middle. ----------- Fold or hang tough. Call or raise the bet. These are decisions you make at the table. Sometimes the odds are stacked so clear thereâs only one way to play it.Other times like holding a small pair against two over cards itâs 6 to 5 or even money either way. Then itâs all about feel. Whatâs in your guts. ------------- I tell you to play within your means, you risk your whole bankroll. I tell you not to over extend yourself, to rebuild , you go into hock for more. I was givin you a livin Mike. Showing you the playbook I made off my own beats. It wasnât enough for you. ------------ I put it all on the line thatâs true.But you know what ..it wasnât a bad beat. I wasnât unlucky. I got outplayed. But I know Iâm good enough to sit at that table. Itâs not a pipe dream. ----------- Iâve often seen these people. These squares at the table. Short stacked and long odds against. All their outs gone. One last card in the deck that can help them. I used to wonder how they could let themselves get into such bad shape. And how the hell they thought they could turn it around. ----------- I told worm you canât lose what you donât put in the middle. But you canât win much either. ----------- People insist on calling it luck. ---------- Josh
When I call it a game they call it a business...and when I call it a business ...they call it a game... Nick Nolte in North Dallas Forty
More music has been written about money than about love - and often, with a happier ending and a catchier tune. Katherine Neville A Calculated Risk, 1992 ---------------------------- A fool and is money are soon parted. What I want to know is how they got together in the first place. Cyril Fletcher BBC radio program, May 28, 1969 ---------------------------- There was a time when a fool and his money were soon parted but now it happens to everybody. Adlai Stevenson Money Talks Rosalie Maggio, 1998, p. 18 ---------------------------- A rogue trader is someone who loses money. What do you call someone who makes money? âSir' or âboss.' Phillip McBryde Johnson Pensions & Investments Symposium on Risk Management December 5, 1995 ----------------------------- The market will weed out financially incapable rogue players. Juan Pujada, partner, Price Waterhouse Risk, January, 1995 ----------------------------- I'm always nervous when a guy makes a lot of money . . . I've seen guys do what I call calendar spreads on their wives . . . sell the old, buy the new. That's a bad sign. Brad Rotter, money manager Futures, November, 1994, p. 16 ----------------------------- The ultimate error is to put a ton of money with geniuses who 'never lose money.' When all hell breaks loose, those guys lose everything. Jerry Parker, Chesapeake Capital The Wall Street Journal, October 29, 1998, p. C1 LTCM and couple others comes to mind reading the above.. ----------------------- On Enron Web site: Most of the things we do have never been done before. The most dramatic of those "things" involved turning a $90 per share blue-chip company into a 25 cent per share pile of dust. Steve Zwick Futures January, 2002, pp. 66-67 Josh
The worst thing a trader can have is an "attitude." Donald R. Katz "The Boys in the Pits" Esquire, January, 1981, p. 38 -------------------------- The best thing a trader can have is discipline. Donald R. Katz "The Boys in the Pits" Esquire, January, 1981, p. 38 -------------------------- It's economic warfare, but it's good warfare. It's damn good warfare. Anonymous trader quoted in Esquire, January, 1981, p. 39 ------------------------- My life is trading and trading is my life. It brings you closer to your psyche than anything else I know. Nowhere else is winning so close to losing and losing so close to winning. Marc Steindl Futures, July, 1996, p. 82 ------------------------- I have never, ever been in the futures market myself; I don't have the skill for it. P. M. Johnson, departing chairman Commodity Futures Trading Commission The Wall Street Journal, April 29, 1983 ------------------------ Make 10 points on a million trades - not a million points on 10 trades. William Greenspan, futures trader Futures, January, 1995, p. 38 ------------------------ I am older now. I have more than I had hoped for but I wish that I had started long before I did. Crosby, Stills and Nash "Wasted on the Way" 1982 ----------------------- You can get as fancy as you want with your option strategies, but in this business, there's no substitute for being right. There's never been a guarantee for incremental returns. Gene Brody, Oppenheimer Capital Risk, June. 1995, p. 22 ---------------------- It goes to show that when you are confused, it is best to do nothing. George Soros Futures, October, 1995, p. 72 ---------------------- Any day that you're not belly-up is a good day in this business. Mark Ritchie God in the Pits: Confessions of a Commodities Trader, 1990, p. 1 ---------------------- A career where success would never be determined politically, but only by the results produced on the bottom line of the account balance sheet. Mark Ritchie God in the Pits: Confessions of a Commodities Trader, 1990, p. 172 ============ Josh