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Ed Seykota Quotes: 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.


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.



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.



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.





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Your mind builds your reality... based on anything you believe in.

Your mind builds your reality... based on anything you believe in.



Prayer is man's greatest power!

Prayer is man's greatest power!



It is wise for us to forget our troubles, there are always new ones to replace them.

It is wise for us to forget our troubles, there are always new ones to replace them.



Don't waste your time on beaming people up or down. Instead, consider gravity waves as advanced physics of the universe that could be used to travel interstellar distances.

Don't waste your time on beaming people up or down. Instead, consider gravity waves as advanced physics of the universe that could be used to travel interstellar distances.



Other-Love is writing's first name.

Other-Love is writing's first name.



I couldn't tell you what I am going to do next 'cause I have no idea, but I am open to anything.

I couldn't tell you what I am going to do next 'cause I have no idea, but I am open to anything.



Every individual has his own style, his own way of presenting himself on and off the field.

Every individual has his own style, his own way of presenting himself on and off the field.



I am terrified by this dark thing That sleeps in me; All day I feel its soft, feathery turnings, its malignity.

I am terrified by this dark thing That sleeps in me; All day I feel its soft, feathery turnings, its malignity.



I never won anything without hard labor and the exercise of my best judgment.

I never won anything without hard labor and the exercise of my best judgment.



The man who wins, is the man who thinks he can.

The man who wins, is the man who thinks he can.




Quote Description


This page presents the quote "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.". Author of this quote is Ed Seykota. This quote is about surfer, missing, traders, staying, missing out, feelings,.