The trend is your friend until the end when it bends.
( Ed Seykota )
No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.
( Robert Rhea )
An investment in knowledge always pays the best interest.
( Benjamin Franklin )
There are old traders and there are bold traders, but there are very few old, bold traders.
( Ed Seykota )
No matter what kind of math you use, you wind up measuring volatility with your gut.
( Ed Seykota )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
Large price changes tend to be followed by more large changes, positive or negative. Small changes tend to be followed by more small changes. Volatility clusters.
( Benoit B. Mandlebrot )