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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
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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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Night is when the whispers of the past become the echoes of the present.

Night is when the whispers of the past become the echoes of the present.



People are always calling me a mirror and if a mirror looks into a mirror, what is there to see?

People are always calling me a mirror and if a mirror looks into a mirror, what is there to see?



Once you get away from where you're from, you look at it in a different way.

Once you get away from where you're from, you look at it in a different way.



I've had marriage proposals, invitations to military balls and even a few prom offers from 18-year-old boys.

I've had marriage proposals, invitations to military balls and even a few prom offers from 18-year-old boys.



Once you become famous, being single becomes a liability.

Once you become famous, being single becomes a liability.



BuzzFeed started as a lab with a small team where we would play with ideas.

BuzzFeed started as a lab with a small team where we would play with ideas.



In high school, my prom date fooled around with another guy - on prom night!

In high school, my prom date fooled around with another guy - on prom night!



If you worry, you die. If you don't worry, you also die. So why worry?

If you worry, you die. If you don't worry, you also die. So why worry?



Our contention has always been that Shakespeare is our greatest living author. If he can survive a season on Broadway, he must be.

Our contention has always been that Shakespeare is our greatest living author. If he can survive a season on Broadway, he must be.



The most important things in life are intangible.

The most important things in life are intangible.




Quote Description


This page presents the quote "There are old traders and there are bold traders, but there are very few old, bold traders.". Author of this quote is Ed Seykota. This quote is about traders,.