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If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming in, it'll never happen. The market is always right.

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Notes from Wikiquote

Trading

More quotes by Ed Seykota

When a feeling dissolves, it ceases to be your enemy and begins to be one of your allies.

The elements of good trading are cutting losses, cutting losses, and cutting losses.

The markets are the same now as they were five or ten years ago because they keep changing-just like they did then.

The trend is your friend except at the end where it bends.

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.

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Attribution

Quote text and notes from Wikiquote: Ed Seykota (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.