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Ed Seykota Quotes: The idea of searching for some secret for trading success misses the point.
         

The idea of searching for some secret for trading success misses the point.


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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Sometimes the best way to find what you really desire in life is to stop looking for it.

Sometimes the best way to find what you really desire in life is to stop looking for it.



If you write without reading, you will certainly have too many books without readers.

If you write without reading, you will certainly have too many books without readers.



I've never been a passive person. I've always felt that, if you think something should be changed, it's your responsibility to actively pursue that change.

I've never been a passive person. I've always felt that, if you think something should be changed, it's your responsibility to actively pursue that change.



Henry's breath hissed out through his teeth. That ba-bad man, he finished, with a quick glance at Cecily, who rolled her eyes.

Henry's breath hissed out through his teeth. That ba-bad man, he finished, with a quick glance at Cecily, who rolled her eyes.



Why is it, when I have nothing to do, I drink more coffee? It's as if I'm in a big hurry to get nothing done.

Why is it, when I have nothing to do, I drink more coffee? It's as if I'm in a big hurry to get nothing done.



Education should bring to light the ideal of the individual.

Education should bring to light the ideal of the individual.



We should always pray for help, but we should always listen for inspiration and impression to proceed in ways different from those we may have thought of.

We should always pray for help, but we should always listen for inspiration and impression to proceed in ways different from those we may have thought of.



Fear was the first thing on Earth to create gods.

Fear was the first thing on Earth to create gods.



To be old can be glorious if one has not unlearned how to begin.

To be old can be glorious if one has not unlearned how to begin.



In the presence of Jesus in the Holy Sacrament we ought to be like the Blessed in heaven before the Divine Essence

In the presence of Jesus in the Holy Sacrament we ought to be like the Blessed in heaven before the Divine Essence




Quote Description


This page presents the quote "The idea of searching for some secret for trading success misses the point.". Author of this quote is Ed Seykota. This quote is about success, missing, secret, ideas, trading,.