Money is an invention of the marketplace of exchange, brought into being by traders who discovered that a reliable medium could facilitate trades that were more difficult or even impossible by barter alone.
A state in India will have more traders than perhaps a European nation. Trade is a great way to integrate people.
I know their game. First, the traders and the missionaries: then the ambassadors: then the cannon. It's better to go straight to the cannon.
First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pressure on weaker human traits and seems to seek out each individual's Achilles' heel.
Thinkers, makers and traders are the DNA of the world class company
I hope I need not confess that a large part of my stock in trade consists of platitudes rescued from the cobwebbed shelves of yesterday. . . This borrowing and refurbishing of shop-worn goods, as a matter of fact, is the invariable habit of traders in ideas, at all times and everywhere. It is not, however, that all the conceivable human notions have been thought out; it is simply, to be quite honest, that the sort of men who volunteer to think out new ones seldom, if ever, have wind enough for a full day's work.
I always tell my traders that they would've loved the 1990s because it was a fairly easy time to make money.
Rivalry is the life of trade, and the death of the trader.
One of the most helpful things that anybody can learn is to give up trying to catch the last eighth - or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.
The best traders I know are also the most humble people I know, coincidence? Or has the market taught them some very valuable lessons?
The sad truth is that without complex business partnerships between African elites and European traders and commercial agents, the slave trade to the New World would have been impossible, at least on the scale it occurred.
Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.
We are all assumed, these days, to reside at one extreme of the opinion spectrum, or another. We are pro-abortion or anti-abortion. We are free traders or protectionists. We are pro-private sector or pro-government. We are feminists or chauvinists. But in the real world, few of us hold these extreme views. There is instead a spectrum of opinion.
I come from a family of traders; my grandmother and my mother were very good at making money.
If you don't work very hard, it is extremely unlikely that you will be a good trader.
We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.
There are old traders and there are bold traders, but there are very few old, bold traders.
Builders need to take their preeminent position back from the traders for the economy of the future to flourish.
Some traders still think that a computer could not trade as well as they can.
A good trader loves an active market, you don't make money when the market is static.