If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming in, it'll never happen. The market is always right.
I don’t predict a nonexisting future. - Ed Seykota
I don’t predict a nonexisting future.
- Ed Seykota
Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money. - Ed Seykota
Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.
A lot of people would rather understand the market than make money - Ed Seykota
A lot of people would rather understand the market than make money
Risk no more that you can afford to lose, and also risk enough so that a win is meaningful. - Ed Seykota
Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.
In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell. - Ed Seykota
In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.
It can be very expensive to try to convince the markets you are right. - Ed Seykota
It can be very expensive to try to convince the markets you are right.
The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the … - Ed Seykota
The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the …
If you can't take a small loss, sooner or later you will take the mother of all losses. - Ed Seykota
If you can't take a small loss, sooner or later you will take the mother of all losses.
The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a ch… - Ed Seykota
The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a ch…
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