“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
“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 Comment on “Trading Quote of the Day – June 30, 2010”
another nice one from ed seykota
a.cut losses
b.ride winners.
c. keep bets small
d.follow the rules without question
e. know when to break the rules