I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it. — Ed Seykota Copy Share Image
Risk no more that you can afford to lose, and also risk enough so that a win is meaningful. — Ed Seykota Copy Share
It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to satisfy them. Those who… — Ed Seykota Copy Share
Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also… — Ed Seykota Copy Share
I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really… — Ed Seykota Copy Share
The biggest secret about success is that there isn't any big secret about it, or if there is, then it's a secret from me,… — Ed Seykota Copy Share
Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of… — Ed Seykota Copy Share
The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5.… — Ed Seykota Copy Share
Trend following is an exercise in observing and responding to the ever-present moment of now — Ed Seykota Copy Share
If you can't take a small loss, sooner or later you will take the mother of all losses. — Ed Seykota Copy Share
Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you… — Ed Seykota Copy Share
Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible. — Ed Seykota Copy Share
