Thursday, March 28, 2024 Text is available under the CC BY-SA 3.0 licence.

Ed Seykota

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Our work is not so much to treat or to cure feelings, as to accept and celebrate them. This is a critical difference.
Fundamentalists figure things out and anticipate change. Trend followers join the trend of the moment. Fundamentalists try to solve their feelings. Trend followers join their feelings and observe them evolve and dis-solve.
The feelings we accept and enjoy rarely interfere with trading.
Trying to treat or cure feelings adds mass.
--
Source: FAQ

 
Ed Seykota

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