Currents Quote by Ed Seykota
“In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.”
About This Quote
Source Book: Market Wizards by Jack D. Schwager, 1992
Prioritizing long‑term trends, chart patterns, and entry points guides disciplined trading decisions.
In simple terms: Focus on trends, patterns, and timing.
Key Takeaway
Apply systematic analysis to trades.
Themes
trading
analysis
discipline
Mood
analytical
pragmatic
Type
strategic
educational
When to use this quote
- stock investing
- forex trading
- commodity markets
Key Concepts
technical analysis
trend following
risk management
Questions to Reflect On
- How do you adapt when trends reverse unexpectedly?
- What safeguards protect against over‑reliance on patterns?
A Different Perspective
Market noise can disrupt even well‑planned strategies.
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