I don’t predict a nonexisting future.

- Ed Seykota

A lot of people would rather understand the market than make 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.

- Ed Seykota

It can be very expensive to try to convince the markets you are right.

- Ed Seykota

Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.

- Ed Seykota

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

- 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.

- 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…

- 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 …

- Ed Seykota