"The trading rules I live by are: 1.……" — Ed Seykota
"The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules."
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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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If you can't take a small loss, sooner or later you will take the mother of all losses.
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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'.
See all 37 quotes by Ed Seykota »
More Bets Quotes
This quote is filed under Bets Quotes,
one of 66 quotes in that category. Here are a few more:
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Excellence matters, and technology advances so fast that the potential for improvement is tremendous. So, since becoming CEO again, I've…
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We have always tried to concentrate on the long term, and to place bets on technology we believe will have…
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Are you placing enough interesting, freakish, long shot, weirdo bets?
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The first thing I learned is when times are tough, you need to hedge your bets - you need to…
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Betting against gold is the same as betting on governments. He who bets on governments and government money bets against…
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Bets lengthen putts and shorten drives.
— Henry Beard
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He prayed on Fridays with the Muslims, on Saturdays with the Jews and on Sundays with the Christians. 'Since each…
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Starting a company, your success is going to be very dependent on how you adapt. You're going to make decisions,…
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If I had to lay bets, my bet would be that everything is going to go to hell, but, you…
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The one thing that I think separates Microsoft from a lot of other people is we make bold bets. We're…
— Steve Ballmer
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Throughout our history, Microsoft has won by making big, bold bets. I believe that now is not the time to…
— Steve Ballmer
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Some days I make 20 bets. Some days, I make none…so I wait, plan, marshal my resources. And when I…
— Arnold Rothstein
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