Quote: Ed Seykota – Cutting Losses
“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…
"Just as styles in women's gowns and hats and costume jewelry arc forever changing with time, the old leaders of the stock market are dropped and new ones rise up…
“If I have positions going against me, I get right out; if they are going for me, I keep them… Risk control is the most important thing in trading. If…
“Letting losses run is the most serious mistake made by most investors.” William O’Neil, Autor von "How to make money in stocks"
"Uncontrolled optimism can lead to mania and one of the chief characteristics of mania is its inability to recall the lessons of history." Benjaman Graham - Value Investor Guru und…
"The worse a situation becomes, the less it takes to turn it around, and the bigger the upside." George Soros, weltbekannter HF-Manager
“Being wrong isn’t a choice, but staying wrong is. To play any game successfully, you have to have some skill, an edge, but beyond that it’s money management. That’s true…
"I believe that good investors are successful not because of their IQ, but because they have an investing discipline." Stanley Druckenmiller, einer der erfolgreichsten Hedge Fonds Manager aller Zeiten
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big…
"Love your stops not your stocks" Dan Zanger, Weltrekordhalter für den größten %-Gewinn eines Finanzportfolios binnen 12 Monaten (29.000%)