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Chance Quote by Ed Seykota

“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.” quote by Ed Seykota — Download Open image

“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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Chance Cutting Elements Ifs Loss May Three Trading

More by Ed Seykota

The idea of searching for some secret for trading success misses the point.

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Longevity is the key to success,

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Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.

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It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to satisfy them. Those who…

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Traders and Surfers both have to deal with feelings of missing out on the small ones, until the big one comes along. They also…

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I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really…

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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,…

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Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of…

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The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5.…

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Trend following is an exercise in observing and responding to the ever-present moment of now

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If you can't take a small loss, sooner or later you will take the mother of all losses.

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Everybody gets what they want out of the market

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