|

|

Advertisements

Ed Seykota Quotes

I don’t predict a nonexisting future Picture Quote #1

Fortune tellers live in the future. So do people who want to put things off. So do fundamentalists Picture Quote #1

Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also have to deal with feelings of staying with the big one Picture Quote #1

Losing a position is aggravating, whereas losing your nerve is devastating Picture Quote #1

Everybody gets what they want out of the market Picture Quote #1

A lot of people would rather understand the market than make money Picture Quote #1

Advertisements

My style is basically trend following, with some special pattern recognition and money management algorithms Picture Quote #1

The idea of searching for some secret for trading success misses the point Picture Quote #1

Longevity is the key to success Picture Quote #1

Trends become more apparent as you step further away from the chart Picture Quote #1

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit Picture Quote #1

The elements of good trading are cutting losses, cutting losses, and cutting losses Picture Quote #1

Advertisements

It can be very expensive to try to convince the markets you are right Picture Quote #1

To avoid whipsaw losses, stop trading Picture Quote #1

The trend is your friend except at the end where it bends Picture Quote #1

I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow Picture Quote #1

Here’s the essence of risk management: Risk no more than you can afford to lose, and also risk enough so that a win is meaningful. If there is no such amount, don’t play Picture Quote #1

When a feeling dissolves, it ceases to be your enemy and begins to be one of your allies Picture Quote #1

Advertisements

Charting is a little like surfing. You don’t have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when its happening and then have the drive to act at the right time Picture Quote #1

The biggest secret about success is that there isn’t any big secret about it, or if there is, then it’s a secret from me, too. The idea of searching for some secret for trading success misses the point Picture Quote #1

Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map Picture Quote #1

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 Picture Quote #1

Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty Picture Quote #1

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 rules Picture Quote #1

Advertisements

Risk no more that you can afford to lose, and also risk enough so that a win is meaningful Picture Quote #1

It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to satisfy them. Those who want to win and lack skill can get someone with skill to help them Picture Quote #1

If you can’t take a small loss, sooner or later you will take the mother of all losses Picture Quote #1

Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky Picture Quote #1

A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do Picture Quote #1

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 chance Picture Quote #1

1 2

Friendship Quotes

Motivational Quotes

Inspirational Quotes

Advertisements

Text Quotes

I don’t predict a nonexisting future (Ed Seykota Quotes) Fortune tellers live in the future. So do people who want to put things off. So do fundamentalists. (Ed Seykota Quotes) Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also have to deal with feelings of staying with the big one (Ed Seykota Quotes) Losing a position is aggravating, whereas losing your nerve is devastating (Ed Seykota Quotes) Everybody gets what they want out of the market (Ed Seykota Quotes) A lot of people would rather understand the market than make money (Ed Seykota Quotes) My style is basically trend following, with some special pattern recognition and money management algorithms (Ed Seykota Quotes) The idea of searching for some secret for trading success misses the point (Ed Seykota Quotes) Longevity is the key to success (Ed Seykota Quotes) Trends become more apparent as you step further away from the chart (Ed Seykota Quotes) I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit (Ed Seykota Quotes) The elements of good trading are cutting losses, cutting losses, and cutting losses (Ed Seykota Quotes) It can be very expensive to try to convince the markets you are right (Ed Seykota Quotes) To avoid whipsaw losses, stop trading (Ed Seykota Quotes) The trend is your friend except at the end where it bends (Ed Seykota Quotes) I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow (Ed Seykota Quotes) Here’s the essence of risk management: Risk no more than you can afford to lose, and also risk enough so that a win is meaningful. If there is no such amount, don’t play (Ed Seykota Quotes) When a feeling dissolves, it ceases to be your enemy and begins to be one of your allies (Ed Seykota Quotes) Charting is a little like surfing. You don’t have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when its happening and then have the drive to act at the right time (Ed Seykota Quotes) The biggest secret about success is that there isn’t any big secret about it, or if there is, then it’s a secret from me, too. The idea of searching for some secret for trading success misses the point (Ed Seykota Quotes) Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map (Ed Seykota Quotes) 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 Quotes) Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty (Ed Seykota Quotes) 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 rules (Ed Seykota Quotes) Risk no more that you can afford to lose, and also risk enough so that a win is meaningful (Ed Seykota Quotes) It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to satisfy them. Those who want to win and lack skill can get someone with skill to help them (Ed Seykota Quotes) If you can’t take a small loss, sooner or later you will take the mother of all losses (Ed Seykota Quotes) Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky (Ed Seykota Quotes) A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do (Ed Seykota Quotes) 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 chance (Ed Seykota Quotes)

1 2