A Quote by Ed Seykota
The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.
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I don't know who will overcome losses, some losses aren't meant to be overcome, but all losses make for good stories and good character development and all the jazz that makes a show compelling and watchable.
The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.
You have to be okay with wins and losses. You can't just be looking for the wins and, when the losses happen, you can't buy more and more because you're sure it's going to bounce. We call that revenge trading.
Every time there are losses, there are choices to be made. You choose to live your losses as passages to anger, blame, hatred, depression and resentment, or you choose to let these losses be passages to something new, something wider, and deeper.
Setbacks and losses are both inevitable and essential if you're going to improve and become a good, even great, competitor. The art is in avoiding catastrophic losses in the key battles.
For me, most writing consists of siphoning out useless pre-story matter, cutting and cutting and cutting, what seems to be endless rewriting, and what is entailed in all that is patience, and waiting, and false starts, and dead ends, and really, in a way, nerve.
I've had losses in my career before, and I've always come back stronger from those losses.
Our losses have reached an intolerable level. The enemy air force played a decisive role in inflicting these high losses.
When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.
We are far betting dealing with the big losses-death, divorce, debt, and debilitating illness-than with the daily onslaught of little losses.
With a record of 75 fights and 6 losses, some of the losses were very questionable including Brian Nielsen when we fought in Denmark. I knew I won but they didn't give me that fight.
We cannot but feel uneasy about the losses caused by humanity themselves. Apart from the losses of life and property in destructive wars, the environment and natural resources are also being destroyed by human hands.
Everyone who lives long enough to love deeply will experience great losses. Don't let fear of loss, or the losses themselves, take away your ability to enjoy the wonderful life that is yours.
The insurance companies aren't covering that. Should Monsanto be liable for these losses? Should the state government? Who's going to cover the losses? The fact is, here's an industry with no long-term liability in place.
Rulers in the past did irreparable losses to the country, and the now it is the PML-N government trying hard to recover the losses and enable the country to stand at par with the respectable and prosperous nations.
My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.
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