Ed Seykota Quotes and Sayings - Page 2

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More Ed Seykota quote about:

“Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them â€œfunny-mentalsâ€. However, if you catch on early, before others believe, you might have valuable â€œsurprise-a-mentalsâ€.”
-- Ed Seykota

#Believe #Useless #Might
“Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.”
-- Ed Seykota

#Needs #Traders #Tricks
“If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming in, it'll never happen. The market is always right.”
-- Ed Seykota

#Beach #Hands #Trying
“The trend is your friend except at the end where it bends”
-- Ed Seykota

#Trends #Ends
“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

#Order #Long #Trends
“Trend following is an exercise in observing and responding to the ever-present moment of now”
-- Ed Seykota

#Exercise #Trends #Moments
“Fortune tellers live in the future. So do people who want to put things off. So do fundamentalists.”
-- Ed Seykota

#People #Want #Fortune
“The idea of searching for some secret for trading success misses the point.”
-- Ed Seykota

#Ideas #Missing #Secret
“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.”
-- Ed Seykota

#Winning #People #Want
“Charting is a little like surfing. You dont have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when its happening and then have the drive to act at the right time.”
-- Ed Seykota

#Order #Surfing #Dynamics
“A lot of people would rather understand the market than make money”
-- Ed Seykota

#People #Making Money

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Ed Seykota Quotes Sayings 34 Quotations

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