What can we learn from the life of Ed Seykota? For starters, Seykota is a perfect example of someone who followed their passion and achieved great success as a result. He is also an inspiring reminder that it’s never too late to change course and pursue your dreams. With grit, determination, and a bit of luck, anyone can achieve their goals – just like Seykota did.
We are glad to present you the best Trading quotes from Ed Seykota, and much more.
About Ed Seykota
ED SEYKOTA QUOTES ON TRADING
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. — Ed Seykota
Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky. — 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. — Ed Seykota
Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip–ups occurred shortly after I got emotionally involved with positions. — Ed Seykota
ED SEYKOTA Quotes Take Away
Ed Seykota is a trader who has been quoted as saying, “The trend is your friend.” This quote encapsulates the main idea behind trend trading. As long as you trade in the direction of the overall trend, you have a higher probability of success. Our courses can show you how to find and trade trends so that you can become a successful trader like Ed Seykota.