A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“If it’s important to you, you’ll find a way: if not, you’ll find an excuse” (7/23)
Lying Mainstream Media (LMSM) (7/22)
Bubblenomics (bubble + economics) (7/22)
“The Burning of the School” ("Battle Hymn of the Republic” parody) (7/22)
“Age and glasses of wine should never be counted” (7/21)
More new entries...

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Entry from June 02, 2014
“Bad traders don’t make profits — they only take out short-term loans from the market”

"Bad traders don’t make profits — they only take out short-term loans from the market” is a Wall Street saying, meaning that a bad trader will give bad any profits in short order. “ For most traders, profits are short term loans from the market” was cited in print in 2009, when it was one of thirty trading rules from Tyler Bollhorn of Stockscores.com.


Tischendorf Letter
30 Trading Rules From Tyler Bollhorn Of Stockscores
by OLIVIER on SEPTEMBER 19, 2009
Time for another list of Trading Rules from great traders. Make sure to review Dennis Gartman’s Trading Rules and Linda Bradford Raschke’s Trading Rules. Make it a habit to reread those trading rules lists every now and then. You want those important concepts to become deeply engrained. Today’s timeless wisdom is from Tyler Bollhorn who runs http://www.stockscores.com:
(...)
24. For most traders, profits are short term loans from the market.

Google Groups: Samarth Capital
30 Rules for Traders
Arvind Mistry
11/18/10
(...)
24. For most traders, profits are short term loans from the market.

Business Insider
A Hard Look At Risk
MERCENARY TRADER
FEB. 24, 2011, 9:10 AM
(...)
As the old saying goes, bad traders don’t actually make profits. They just take out short-term loans from the market.

Scribd.
July 13, 2011
Trading Wisdom Quotes
Published by Peter L. Brandt
A collection of trading wisdom guotes from MercenaryTrader.com
(...)
“Bad traders don’t make profits — they only take out short-term loans from the market.”
Wall Street Proverb

Twitter
Trading Cards
‏@TraderHMS
I love this quote, “Bad traders don’t make profits - they only take out short-term loans from the market.” - a famous Wall Street proverb
2:46 PM - 16 Jan 2013

Twitter
Richard Monaghan
‏@R1ch47dM0n49h4n
“Bad traders don’t make profits — they only take out short-term loans from the market.” - Wall Street proverb
1:33 AM - 29 May 2014

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Monday, June 02, 2014 • Permalink