Win or lose, everybody gets what they want out of the market.
Some people seem to like to lose, so they win by losing money.
~ Ed Seykota
4 Replies to “Quote of the day”
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Win or lose, everybody gets what they want out of the market.
Some people seem to like to lose, so they win by losing money.
~ Ed Seykota
Comments are closed.
Cannot believe you would post such a dumb, if not outright stupid statement. Everybody. Really? Your credibility goes in the crapper when you post crap like this.
You having a bad day Steve? Or is every day the same?
The underlying message is that you should examine your motives. I guess this applies not only to trading.
an honest broker and a savvy marketmaker will always win and that is a primary reason why so many players lose: they trade too often. ed seykota’s blanket assignment of masochistic, self-destructive motives to unfortunate victims of the fear&greed-complicated game of trading, posing as investing, is facile at best, arrogant more likely.
no, the underlying message is that losers deserve, yeah enjoy, losing. steve’s right. it’s a f….d quote.