"Systems don't need to be changed. The trick……" — Ed Seykota

"Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible."

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37 Quotes by Ed Seykota

Ed Seykota has 37 quotes on this site. A few more worth reading:

Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them…
If you can't measure it, you probably can't manage it Things you measure tend to improve.
The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the…
There are old traders and there are bold traders, but there are very few old, bold traders.
Losing a position is aggravating, whereas losing your nerve is devastating.
The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow…
A losing trader can do little to transform himself into a winning trader. A losing trader is not going to…
Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were…
If you can't take a small loss, sooner or later you will take the mother of all losses.
It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to…
Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.
Be sensitive to subtle differences between 'intuition' and 'into wishing'.

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More Changed Quotes

This quote is filed under Changed Quotes, one of 3,508 quotes in that category. Here are a few more:

The values of Islam are expressed by Muslims clearly. September 11 changed the world, and put Muslims on the spotlight. — Karen Armstrong
As far as we are concerned, we Syria have not changed. — Bashar al-Assad
I would be absolutely astounded if population growth and industrialisation and all the stuff we are pumping into the atmosphere… — David Attenborough
It was pride that changed angels into devils; it is humility that makes men as angels. — Saint Augustine
Changing your mind is probably one of the most beautiful things people can do. And I've changed my mind about… — Paul Auster
The meaning I picked, the one that changed my life: Overcome fear, behold wonder. — Richard Bach
Most of us are about as eager to be changed as we were to be born, and go through our… — James A. Baldwin
I'm amazed every time I come back to Vancouver at how much it's changed. You go away for a month… — Bryan Adams
I much prefer working with kids whose life could be completely upended by a reading of a book over a… — Russell Banks
I need protein from food rather than just protein supplements. I changed my diet. — Travis Barker
I've been vegan since I got out of the hospital... It's another eye opener. It changed my life in a… — Travis Barker
The timing of death, like the ending of a story, gives a changed meaning to what preceded it. — Mary Catherine Bateson

See all 3,508 Changed Quotes »