Everybody gets what they want out of the market. ✨ Market Wizards: Int…

Ed Seykota
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Everybody gets what they want out of the market. ✨ Market Wizards: Interviews With Top Traders. Book by Jack D. Schwager, 1989.
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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.
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.
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 understa … ▶
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 poi … ▶
Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.

Everybody gets what they want out of the market. ✨ Market Wizards: Interviews With Top Traders. Book by Jack D. Schwager, 1989.

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