Great forex quotes

"You’re in awfully deep here Frank. You got $60 million of the Bank’s money . . . . (Frank: “A Hundred)… WHOA!!! A HUNDRED FCKIN’ MILLION!!! . . . . You come in here drinking your red bullsht, you stink like booze, you’re out all night partying and that’s ok. But when you become a cowboy, that’s when I draw the line. I am still your boss and I am telling you now, you sell half those contracts! Do I make myself clear? Do I make myself clear Frank? Do I make myself clear to you? Yes? Good! Have a good day. By the way, we’re still on for Friday night, court-side, front row. Don’t be late!” - - - - 25th Hour (Trading Scene)

Best quote ever

Just posted this on another thread but must share it here. Printing it out and sticking it above my screen

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One of many quotes that I could share from Edwin Lefèvre’s 1923 unofficial Jesse Levermore biography, ‘Reminiscences of a stock operator’, this being at the start of Chapter III:


Bro, you are just a wealth of knowledge (along with a few others and I hope they know who they are) and I for one appreciate every post you (and they) make. Thank you my friend

Thank you, Bob; I, in turn, must thank Emeraldorc for first opening my eyes to this book, and what a good read it was…

I salute you and wish you a fantastic Sunday in Western Australia!

Keep posting!!

Yes, Emeraldorc, gp00053, PipnRoll, Clint and yourself all champions of the people. We thank you for your time and effort.

P.S. Its a good Scottish day in the south west of WA today lol. Lots of wind and rain!

Yes, they are…

What do you mean… Are you telling me the view from my window today is anything but sunshine and joy? ironic


Now that’s a great quote :35:

My new favorite quote. Don’t know traders name. " Central bankers are really good at speaking without actually saying anything. "

Is that not the guy from Amplify Trading, Piers Curran?

Yes, on that new BBC series :slight_smile:

Yes. It’s also my new favorite video and again thanks for posting it. Something every trader should watch

Just like politicians.

Very true. I remember listening to Bernanke’s speech last June when I had just gone live for tips on whether the USD was going to be bullish or not. I gave up on listening four minutes into the speech.

It is a difficult balancing act; take Yellen now: she wants to tell the market that a Fed rate hike is coming but does not want to panic them into it with an actual date and cause a chain reaction, crashing investors out of their position in a sell-off scramble… Given how overleveraged the US equities are (just look at the S&P 500),
it would take very little spark to light this gunpowder store-room!

So Yellen has to ease the markets into it and has been giving plenty of time to reassure the markets that, if needed, the Fed would consider measures of support beyond the end of QE (e.g. asset purchases)… This way, a market panic is avoided and the grounds are laid for the first rate hike… easy does it, slowly, slowly…

That is the skill of a great central banker’s press speech… Yellen is masterful… she knows how to handle
those Reuters, Bloomberg, FT, Sole 24 ore, business Zeitung and CNBC questions :wink:

Hard to disagree with this. But I don’t think it matters much because in the end, a decision has to be made and those who weren’t keeping up will [I]still panic[/I] even though it’s (somewhat) already priced in.

Or she could just be like Monsieur Draghi and his ECB gang and wake up one morning and decide to surprise the market with a rate change.

But understandably, they try not to sound overly bearish or bullish when they talk. It’s the investors that decide to pick and choose from their speeches and create the strong reaction. For example, RBA Stevens has been saying the AUD is historically high for years now lol. Sometimes it creates a bearish reaction, other times, it doesn’t.

Awww… You’re Welcome :wink: It is our pleasure to help out in anyways we can.

I think, this is a great place where you can speak your mind out and hope that other people think the same or atleast learn from it. Truthfully, I am learning more each day of what other people are posting. There are so many things that I didn’t know…

I will try to post more meaning full thoughts. I said " try" because I cannot promise anything lol

Thank you and I wish you and your family great success in life!

Here we go,

PipNRoll at her best:

http://forums.babypips.com/newbie-island/64872-finding-consistency.html

PS: please ignore all my words of sickening adulation :wink:

Haha! I thought those are pretty cute :slight_smile:

I will revived it again next year :wink: I hope…