WHAT DO YOU THINK OF THIS QUOTE ?

Discuss your favourite picks, broker, and trading or investment style.

WHAT DO YOU THINK OF THIS QUOTE ?

Postby AMABILE » 09 Mar 2011 18:42

Trading is not investing.
Trading is betting on the emotions of the crowd.
Moved to Trading due to irrelevance to News and Policy
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Re: WHAT DO YOU THINK OF THIS QUOTE ?

Postby AMABILE » 13 May 2011 12:57

Why no comments on this quote ?
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Re: WHAT DO YOU THINK OF THIS QUOTE ?

Postby Nemo2 » 13 May 2011 13:13

I like this one:

"For I can raise no money by vile means."

William Shakespeare

:wink:
Exit, pursued by a bear.
William Shakespeare, Stage direction in "The Winter's Tale"
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Re: WHAT DO YOU THINK OF THIS QUOTE ?

Postby deaddog » 13 May 2011 16:40

I would think you have to consider how you define investing and the criteria one uses to pick their stocks.
If the criteria are the same then the difference is only the time frame.

A “value investor” who buys undervalued stocks and sells them when they become overvalued might be considered a trader.

The “Buy and Hold” investor who hopes to sell at a profit somewhere down the road is just a trader with a longer time frame.

The goal of both Traders and Investors is to have your money work for you and earn a profit. One method isn’t necessarily better than the other.
"In theory there is no difference between theory and practice. In practice there is." Yogi Berra

When I’m wrong, I’m gone and I’m not wrong long!!
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Re: WHAT DO YOU THINK OF THIS QUOTE ?

Postby Springbok » 13 May 2011 19:59

AMABILE wrote:Trading is not investing.
Trading is betting on the emotions of the crowd.
Moved to Trading due to irrelevance to News and Policy
ModW


Pierre Bernard discussed emotions and perception on Business day on BNN this morning. (kind of superficially)

http://watch.bnn.ca/#clip466371

Also discusses RIM, so maybe of interest to you.

I found the next interview with 19 yr old Canadian Brian Wong more interesting. How does a 19 year old reach that level of maturity and wisdom that quickly!

http://watch.bnn.ca/#clip466798
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