To avoid whipsaw losses, stop trading. - Ed Seykota

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To avoid whipsaw losses, stop trading.

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About Ed Seykota

Ed Seykota (born 7 August 1946) is a U.S. investor.

Also Known As

Alternative Names: Edward Arthur Seykota
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Additional quotes by Ed Seykota

I don't think traders can follow rules for very long unless they reflect their own trading style. Eventually, a breaking point is reached and the trader has to quit or change, or find a new set of rules he can follow. This seems to be part of the process of evolution and growth of a trader.

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