"If you can't take a small loss, sooner……" — Ed Seykota
"If you can't take a small loss, sooner or later you will take the mother of all losses."
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Ed Seykota
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37 Quotes by Ed Seykota
Ed Seykota has 37 quotes on this site.
A few more worth reading:
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Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them…
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If you can't measure it, you probably can't manage it Things you measure tend to improve.
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The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the…
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There are old traders and there are bold traders, but there are very few old, bold traders.
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Losing a position is aggravating, whereas losing your nerve is devastating.
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The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow…
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A losing trader can do little to transform himself into a winning trader. A losing trader is not going to…
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Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were…
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It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to…
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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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Be sensitive to subtle differences between 'intuition' and 'into wishing'.
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Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and…
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More All Quotes
This quote is filed under All Quotes,
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Total loyalty is possible only when fidelity is emptied of all concrete content, from which changes of mind might naturally…
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No cause is left but the most ancient of all, the one, in fact, that from the beginning of our…
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The ultimate end of human acts is eudaimonia, happiness in the sense of living well, which all men desire; all…
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The new always happens against the overwhelming odds of statistical laws and their probability, which for all practical, everyday purposes…
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Where all are guilty, no one is; confessions of collective guilt are the best possible safeguard against the discovery of…
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We have almost succeeded in leveling all human activities to the common denominator of securing the necessities of life and…
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I keep my friends as misers do their treasure, because, of all the things granted us by wisdom, none is…
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We must all make peace so that we can all live in peace.
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The spirit of Ubuntu, that once led Haiti to emerge as the first independent black nation in 1804, helped Venezuela,…
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As we all know, many people remain buried under tons of rubble and debris, waiting to be rescued. When we…
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Wise people, even though all laws were abolished, would still lead the same life.
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A friend to all is a friend to none.
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