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  1. #1

    Top 10 quotes from Ed Seykota

    Ten greatest quotes from one of the greatest traders of all time:

  2. #2
    Yes! Exactly and a very good guidelines especially for new traders. There's this one quote that I like reading: 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. The last rule must be noted!

  3. #3
    I absolutely agree with the quotes and serves as teachings before you trade. Its good to know all them like this one: " 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." I guess, it is all about being lucky and being smart to be successful in trading.

  4. #4
    Nice video. I'm going to follow you for good news.

  5. #5
    I do not know who said this, but it makes sense, "A trader who has never lost, is not a trader yet." Yes, losses are inevitable when it comes to Forex. When they eventually happen, we shouldn't be discouraged.

  6. #6
    “Most professional traders I know have a high win-loss ratio. If you have a high methodology with a high win-loss ratio, the odds of having six losing trades in a row drop off dramatically, and this means you can then use greater leverage [in futures trading] – a very important, but often overlooked, factor.” Linda Bradford Raschke

  7. #7
    “Assign probabilities to each event and you can estimate the distribution of future profit and loss.” Paul Wilmott

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