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
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.
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.