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Ed Seykota
Ed Seykota: The Jademaster
Lots of people go into trading as a way to get rich quick. The fact is that rarely if ever will happen. Trading is a career and a life-long study. The markets are always changing, and they are always the same. I have invested so much time, money, and study into trading. To excel in trading requires extremely hard work and discipline.
Ed Seykota: To avoid whipsaw losses, stop trading (The Whipsaw Song)
Ed Seykota: To avoid whipsaw losses, stop trading.
Great Song!!! Traders, listen carefully.
The 6 Rules are:
- Ride your Winners
- Cut your Losses
- Manage your Risk
- Use Stops
- Stick to the System
- File the News
Who is Ed Seykota?
