Seykota Trading Quotes & Sayings

Partiality, in the sense that objectors commonly use the word, is impossible in the sphere of grace. It can exist only in the sphere of justice, where the persons concerned have certain claims and rights. — Loraine Boettner

You can pretend that bad things will never happen. But life's a lot easier if you realize and admit that sometimes they do. — Lois Lowry

Does anyone know where these gondolas of Paris come from?
[Fr., Ne sait on pas ou viennent ces gondoles Parisiennes?] — Honore De Balzac

To avoid whipsaw losses, stop trading. — Ed Seykota

I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money. — Andrew Tobias

The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules. — Ed Seykota

My eyes aren't special, my nose isn't special, my mouth isn't special. — Valerie Bertinelli

In short, virtue cannot live where envy reigns, nor liberality subsist with niggardliness. — Miguel De Cervantes

Overachievers, here's some good and some bad news. The good news is, that you're smart, special, and you're raising the bar. The bad news is: very few people will like you. — Joan Marques

The biggest secret about success is that there isn't any big secret about it, or if there is, then it's a secret from me, too. The idea of searching for some secret for trading success misses the point. — Ed Seykota

Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky. — Ed Seykota

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance. — Ed Seykota

One of the greatest joys of leadership is assembling and knitting together teams of fantastic people. — Bill Hybels

At such times one sees everything and remembers it all. I know from personal experience. I wish I did not. — Stephen King

As I have learned over the years, and will discuss further in subsequent chapters, the reluctance to experiment, test, evaluate, and learn that I experienced at General Motors is all too common. — Richard H. Thaler

Just doing my job," he replied, and grinned again. Why should Tank suddenly think of a play, with one of the characters complaining that another character "smiled too much"? Curious, he watched the man climb into a nice, late-model car and drive off. Why wasn't he in a company truck, like most technicians drove? — Diana Palmer

You have stories worth telling, memories worth remembering, dreams worth working toward, a body worth feeding, a soul worth tending, and beyond that, the God of the universe dwells within you, the true culmination of super and natural. — Shauna Niequist

Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions. — Ed Seykota

And briefly and succinctly, he put Miss Marple's theory of the crime before the doctor, ending up with her final suggestion. — Agatha Christie

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. — Ed Seykota