Pyramiding instructions appear on dollar bills. Add smaller… - Ed Seykota

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Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top.

Ed Seykota

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About Ed Seykota

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

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Alternative Names: Edward Arthur Seykota

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Edwin Lefèvre Warren Buffett Peter Lynch Benjamin Graham Didier Sornette

Additional quotes by Ed Seykota

To avoid whipsaw losses, stop trading.

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.

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.

Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up. Keep your eye open at the top. - Ed Seykota

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