Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky. — Ed Seykota Copy Share Image
The idea of searching for some secret for trading success misses the point. — 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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
Trend following is an exercise in observing and responding to the ever-present moment of now — Ed Seykota Copy Share Image
If you can't take a small loss, sooner or later you will take the mother of all losses. — Ed Seykota Copy Share Image
