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Ed Seykota Quotes: Good traders trade. Good letter writers write letters.
         

Good traders trade. Good letter writers write letters.


Ed Seykota
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Other quotes of 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 rules.

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.



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.



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.



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.



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.

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.



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

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.

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



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.



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



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.

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.





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Killing is easy, " said Mo, "Dying is harder...

Killing is easy, " said Mo, "Dying is harder...




I always thought that funerals were meant for the living to say good-bye to a loved one. I never would have guessed that it’s actually the other way around.

I always thought that funerals were meant for the living to say good-bye to a loved one. I never would have guessed that it’s actually the other way around.



I think 'Actions speak louder than words' is one thing, I think, I always took from my mom. And to this day, I think about that in everything I do.

I think 'Actions speak louder than words' is one thing, I think, I always took from my mom. And to this day, I think about that in everything I do.



Of all animals, he alone attains to the Contemplative Life.

Of all animals, he alone attains to the Contemplative Life.



No one can transcend their own individuality.

No one can transcend their own individuality.



Nevil Shute's On the Beach is no Christmas carol, but it seems to me a remarkably fine novel, one which I read, in the peculiarly repulsive phrase, with my eyes glued to the page.

Nevil Shute's On the Beach is no Christmas carol, but it seems to me a remarkably fine novel, one which I read, in the peculiarly repulsive phrase, with my eyes glued to the page.



Scientific achievements seem evanescent, because the very progress of science causes their supersedure; yet some of them are of so fundamental a nature that they are immortal in a deeper way.

Scientific achievements seem evanescent, because the very progress of science causes their supersedure; yet some of them are of so fundamental a nature that they are immortal in a deeper way.



A Parliament is that to the Commonwealth which the soul is to the body. It behoves us therefore to keep the facility of that soul from distemper.

A Parliament is that to the Commonwealth which the soul is to the body. It behoves us therefore to keep the facility of that soul from distemper.



You don't even have to win a championship every year to draw the fans. You just have to show you're really trying.

You don't even have to win a championship every year to draw the fans. You just have to show you're really trying.




Quote Description


This page presents the quote "Good traders trade. Good letter writers write letters.". Author of this quote is Ed Seykota. This quote is about trade, writing, letters, traders,.