If you can't take a small loss, sooner or later you will take the mother of all losses.
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
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.
If you can't take a small loss, sooner or later you will take the mother of all losses. - Ed Seykota
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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