Ed Seykota quotes: wise famous quotes, sayings and quotations by Ed Seykota

Ed Seykota Famous Quotes & Sayings

Discover top inspirational quotes from Ed Seykota on Wise Famous Quotes.

Ed Seykota quotes: A lot of people would rather understand the market than make money

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

Ed Seykota quotes: 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.

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 quotes: The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

Ed Seykota quotes: It can be very expensive to try to convince the markets you are right

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

Ed Seykota quotes: Trends become more apparent as you step further away from the chart.

Trends become more apparent as you step further away from the chart.

Ed Seykota quotes: My style is basically trend following, with some special pattern recognition and money management algorithms.

My style is basically trend following, with some special pattern recognition and money management algorithms.

Ed Seykota quotes: Losing a position is aggravating, whereas losing your nerve is devastating.

Losing a position is aggravating, whereas losing your nerve is devastating.

Ed Seykota quotes: To avoid whipsaw losses, stop trading.

To avoid whipsaw losses, stop trading.

Ed Seykota quotes: Working to anticipate the future can be a distraction from the important task of dealing with the present.

Working to anticipate the future can be a distraction from the important task of dealing with the present.

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

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

Ed Seykota quotes: There are old traders and there are bold traders, but there are very few old, bold traders.

There are old traders and there are bold traders, but there are very few old, bold traders.

Ed Seykota quotes: I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

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.

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: Good traders trade. Good letter writers write letters.

Good traders trade. Good letter writers write letters.

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.

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: Longevity is the key to success,

Longevity is the key to success,

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.

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: Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.

Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.

Ed Seykota quotes: Everybody gets what they want out of the market

Everybody gets what they want out of the market

Ed Seykota quotes: Fortune tellers live in the future. So do people who want to put things off.So do fundamentalists.

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

Ed Seykota quotes: Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.

Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.

Ed Seykota quotes: The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

Ed Seykota quotes: The trend is your friend except at the end where it bends

The trend is your friend except at the end where it bends

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

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

Ed Seykota quotes: Trend following is an exercise in observing and responding to the ever-present moment of now

Trend following is an exercise in observing and responding to the ever-present moment of now

Ed Seykota quotes: Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

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

Ed Seykota quotes: Be sensitive to subtle differences between 'intuition' and 'into wishing'.

Be sensitive to subtle differences between 'intuition' and 'into wishing'.

Ed Seykota quotes: Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

Ed Seykota quotes: If you can't measure it, you probably can't manage it Things you measure tend to improve.

If you can't measure it, you probably can't manage it Things you measure tend to improve.