A Quote by Ed Seykota
Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.
Quote Topics
Quote Author
Related Quotes
Most private traders on a losing streak keep trying to trade their way out of a hole. A loser thinks a successful trade is just around the corner, and that his luck is about to turn. He keeps putting on more trades and increases his size, all the while digging himself a deeper hole in the ice. The sensible thing to do would be to reduce your trading size and then stop and review your system.
A lot of times in intense moments, you tend to play conservatively because you're just trying to avoid losing, as opposed to trying to win.
I've been trying to catch up to it. Just trying to get with it, feel behind it a little bit, but that's good actually, probably. That way, I'm still sort of understanding it.
We're all trying to catch up with Beyonce. We're all running a race, and Beyonce is up there, and we're all just trying to run and get there. That's my motivation.
I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.
On the field I'm trying to play for the glory of God but then also I'm trying to give everything I have and win and compete. And so I think more than just winning or losing, I think He cares about where our hearts are when we're playing.
I'm just trying to set my game up to that level of anytime the ball comes my way, I make a play, making people miss and getting the yards after the catch.
When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the confidence factor, which is a by-product of a losing streak. You have to work very hard to restore that confidence, and cutting back trading size helps achieve that goal.
Trying to be Sherlock Holmes is like trying to catch an arrow in mid-flight.
I wish I had read more and majored in literature rather than theatre. I think I would have been a better artist for it. I am trying to play catch-up now.
Trying to figure out God is like trying to catch a fish in the Pacific Ocean with an inch of dental floss.
We know there are a lot of good secondaries out there. We are just trying to focus on what we can do to get better. We've got some new, young guys coming in and we are trying to catch them up to speed. We are trying to make sure that we have depth, making sure the guys behind us know what is going on. We are going to keep pushing each other to raise the standard for our secondary.
I'm trying to play guitar every day. I think I have a gift, and I've not been nurturing it for a long time. So I'm trying to pick it back up.
I can deal with losing as long as one is trying to win. If you're losing, and you're not trying to win, that is not fair.
Stress comes from trying to achieve, trying to do something, trying to keep up with the events of the world, the speed of the world, and trying to accomplish, to produce results.
People are more impulsive and they get slightly less impulsive as they get older and the impulsiveness interacting with the depression is particularly devastating and lethal, potentially lethal.
Related Authors
Jeff Yass Quotes
American
Trader
Jerome Kerviel Quotes
French
Trader
Jesse Lauriston Livermore Quotes
American
Trader
Linda Bradford Raschke Quotes
American
Trader
