It can be very expensive to try to convince the markets you are 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.
It can be very expensive to try to convince the markets you are right. - Ed Seykota
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
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.
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.
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…
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 …
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