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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
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"Ed Seykota Quotes." Quoteslyfe.com, 2024. Fri. 03 May. 2024. <https://www.quoteslyfe.com/quote/Losing-a-position-is-aggravating-whereas-losing-539854>.





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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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Now that I have written many words, and let out so many loves, for so many, and been altogether what I always was a woman of excess, of zeal and greed, I find the effort useless.

Now that I have written many words, and let out so many loves, for so many, and been altogether what I always was a woman of excess, of zeal and greed, I find the effort useless.



Inspiration is finding something that excites you.

Inspiration is finding something that excites you.



The process, not the final achievement, is what it's all about.

The process, not the final achievement, is what it's all about.



If you must compromise, compromise up.

If you must compromise, compromise up.



Do wars support the military-industrial complex and therefore support the people?

Do wars support the military-industrial complex and therefore support the people?



Burton did not believe in miracles . Nothing happened that could not be explained by physical principles if you knew all the facts .

Burton did not believe in miracles . Nothing happened that could not be explained by physical principles if you knew all the facts .



Colin stared at the officer. “Thorne, you scare me. I’m not ashamed to say it.

Colin stared at the officer. “Thorne, you scare me. I’m not ashamed to say it.



The world has arrived at an age of cheap complex devices of great reliability, and something is bound to come of it.

The world has arrived at an age of cheap complex devices of great reliability, and something is bound to come of it.




Quote Description


This page presents the quote "Losing a position is aggravating, whereas losing your nerve is devastating.". Author of this quote is Ed Seykota. This quote is about position, losing, aggravating, nerves,.