Cab Quote by James Chanos

Some people are so busy learning the tricks of the trade that they never learn the trade.

— Anonymous

People far too often associate derivatives markets with mere speculation, but there are very legitimate businesses that need derivatives to protect themselves against risk.

— Fred Ehrsam

“What he likes most about proprietary trading is that it requires considerably less time than other high paying professions; in other words it is…

— Fooled By Randomness Nassim Taleb

To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy…

— Alexander Elder

It's much easier to learn what you should do in trading than to do it. Good systems tend to violate normal human tendencies.

— William Eckhardt

We believe we can train any intelligent, quick thinking person to be a trader. We feel traders are made, not born.

— Jeff Yass

I'm not an expert in it, but it seems to me that you have to let the market forces go their course.

— George Deukmejian

An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.

— Matt Taibbi

The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades…

— Linda Bradford Raschke

We are not a trading company. We are a midstream asset company: pipe, storage and terminals. It's an unsexy, dirty business. It's not rocket…

— Richard Kinder

You can always figure out how to deliver things in somewhat controlled situations, but when you start to get into the reality of the…

— Scott D. Anthony

Derivative trading with mark-to-market accounting degenerates into mark-to-model. Two firms make a big derivative trade and the accountants on both sides show a large…

— Charlie Munger