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Ed Seykota Quotes: In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.
         

In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.


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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The world is filled with heroes and wannabes, so let me just play the villain.

The world is filled with heroes and wannabes, so let me just play the villain.



Never hear anything bad about Canada that's one thing - in fact I guess it's the only thing.

Never hear anything bad about Canada that's one thing - in fact I guess it's the only thing.



Not being given everything encourages you to create... That was one of the first steps for me learning to invent things.

Not being given everything encourages you to create... That was one of the first steps for me learning to invent things.



The seed of every sin is in every heart.

The seed of every sin is in every heart.



Words should be only the clothes, carefully custom-made to fit the thought.

Words should be only the clothes, carefully custom-made to fit the thought.



I cannot go to sleep without reading.

I cannot go to sleep without reading.



The only things that really need to be accomplished in the home are daily scripture study and prayer and weekly family home evening.

The only things that really need to be accomplished in the home are daily scripture study and prayer and weekly family home evening.



Innocence is like polished armor; it adorns and defends.

Innocence is like polished armor; it adorns and defends.



I am a complete jazz nerd.

I am a complete jazz nerd.



God does not choose a person for ease and comfort and selfish joy but for a task that will take all that head and heart and hand can bring to it. God chooses a man in order to use him.

God does not choose a person for ease and comfort and selfish joy but for a task that will take all that head and heart and hand can bring to it. God chooses a man in order to use him.




Quote Description


This page presents the quote "In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.". Author of this quote is Ed Seykota. This quote is about long, trends, importance, long term, order,.