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Ed Seykota Quotes: I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow.
         

I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow.


Ed Seykota
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Other quotes of 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.

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.



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

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



My style is basically trend following, with some special pattern recognition and money management algorithms.

My style is basically trend following, with some special pattern recognition and money management algorithms.



Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.



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

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



A lot of people would rather understand the market than make money

A lot of people would rather understand the market than make money



It can be very expensive to try to convince the markets you are right.

It can be very expensive to try to convince the markets you are right.



The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.

The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.



The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

The markets are the same now as they were five or ten years ago because they keep changing-just like they did then



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.

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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I decided that adventure was the best way to learn about writing.

I decided that adventure was the best way to learn about writing.



When the world asks "what was it like?" Only the photographer can say "See!

When the world asks "what was it like?" Only the photographer can say "See!




I don't like reverse-angle shots - I find them very fake and very untruthful to the viewer.

I don't like reverse-angle shots - I find them very fake and very untruthful to the viewer.



One should respect a defeated opponent!

One should respect a defeated opponent!



I don't believe in professional dissidents. I think it's just a phase, like adolescence.

I don't believe in professional dissidents. I think it's just a phase, like adolescence.



I can understand wanting to have a million dollars but once you get beyond that, I have to tell you, it's the same hamburger.

I can understand wanting to have a million dollars but once you get beyond that, I have to tell you, it's the same hamburger.



I've come to learn there is a virtuous cycle to transparency and a very vicious cycle of obfuscation.

I've come to learn there is a virtuous cycle to transparency and a very vicious cycle of obfuscation.



This is the moment of your defeat; you have just put in the last nails in the coffin of communism.

This is the moment of your defeat; you have just put in the last nails in the coffin of communism.



Some beliefs are rigid, like the body of death, impotent in a changing world. Other beliefs are pliable, like the young sapling, ever growing with the upward thrust of life.

Some beliefs are rigid, like the body of death, impotent in a changing world. Other beliefs are pliable, like the young sapling, ever growing with the upward thrust of life.




Quote Description


This page presents the quote "I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow.". Author of this quote is Ed Seykota. This quote is about add, kind, definitions,.