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Everybody gets what they want out of the market

This is one of the quotes about trading that stuck with me. I googled it and it's from Ed Seykota, I probably read it in one of the Market Wizards books, which I can highly recommend. The exact quote is “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.” Now this applies especially well to the retail world of traders. And i...
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Jean1975
Great post. I don't think that the desire of make money alone will be enough to make you a trader. I think that if you are driven ... Read More
Friday, 22 April 2016 10:55
Marco Mayer
I couldn't agree more! Now most people who come into trading think this is an easy way to make lots of money. But actually it's no... Read More
Friday, 22 April 2016 11:46
Jean1975
In my opinion the hardest aspect of the whole learning process is keeping on trading when you are a consistent loser. I think you ... Read More
Friday, 22 April 2016 12:38
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Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.