Ed Seykota
Quotes
Memorable ideas rewritten as practical investing lessons.
Memorable ideas
Instead of memorizing quotes, convert Ed Seykota's ideas into concrete actions. A memorable line only matters if it improves decisions.
Trend following requires a clear system, modest position sizing, and the ability to accept many small wrong trades to keep large right ones.
Follow trends rather than predicting tops and bottoms.
Keep risk per trade small.
Accept losing streaks as part of the system.
Trader psychology is part of the edge.