39 Quotes by Ed Seykota

It’s all about sticking to your plan and experiencing feelings as they arise. If you are unwilling to feel your feelings, the temptation is to avoid them by jumping off your system.

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

I don’t predict a nonexisting future.

Trend following is an exercise in observing and responding to the ever-present moment of now.

There are old traders and there are bold traders, but there are very few old, bold traders.

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

To avoid whipsaw losses, stop trading.

Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible.

Trying to trade during a losing streak is emotionally devastating. Trying to play ‘catch up’ is lethal.