Source: Why Stock Markets Crash - Critical Events in Complex Systems (2003), Chapter 6, Hierarchies, Complex Fractal Dimensions, And Log Periodicity, p. 182.
“I don't think traders can follow rules for very long unless they reflect their own trading style. Eventually, a breaking point is reached and the trader has to quit or change, or find a new set of rules he can follow. This seems to be part of the process of evolution and growth of a trader.”
Source: Schwager, Market Wizards, page 166
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Ed Seykota 16
American commodities trader 1946Related quotes
Source: Schwager, Jack D., Market Wizards, HarperCollins (1989), page 159, ISBN 0-88730-610-1
“But, for news traders, these things perhaps are not saleable.”
2009, "The nation is waiting for a strong, experienced leader", 2009
Context: You tell me, since Independence, in the field of justice delivery, has so much work been accomplished anywhere? But, for news traders, these things perhaps are not saleable. Now you tell me if these things are pro-poor or not.
p, 125
The Morals of Economic Irrationalism (1920)
Source: Why Stock Markets Crash - Critical Events in Complex Systems (2003), Chapter 4, Positive Feedbacks, p. 115
“As a trader you often walk on the blade. Be careful and don't step off.”
Advice to a new employee. Quoted in The Economist, 6 July 2013 http://www.economist.com/news/obituary/21580438-marc-rich-king-commodities-died-june-26th-aged-78-marc-rich
As quoted in book Thapa Politics in Nepal: With Special Reference to Bhim Sen Thapa, 1806–1839 https://books.google.com.np/books?id=7PP1yElRzIUC&dq=bhimsen+thapa&source=gbs_navlinks_s|
“Jack is the showman—the brassy frontman and the snake-oil trader.”
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