The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.
Ed SeykotaIf you can't measure it, you probably can't manage it Things you measure tend to improve.
Ed SeykotaSystems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.
Ed SeykotaIf 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.
Ed Seykota