39 Quotes by Ed Seykota

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.

Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

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

Everybody gets what they want out of the market.

I turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.

Working to anticipate the future can be a distraction from the important task of dealing with the present.

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

Good traders trade. Good letter writers write letters.

I think that if people look deeply enough into their trading patterns, they find that, on balance, including all their goals, they are really getting what they want, even though they may not understand it or want to admit it.