Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them โfunny-mentalsโ. However, if you catch on early, before others believe, you might have valuable โsurprise-a-mentalsโ.
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 SeykotaI turn bullish at the instant my buy stop is hit, and stay bullish until my sell stop is hit.
Ed SeykotaItโs all about sticking to your plan and experiencing feelings as they arise. If you are unwilling to feel your feelings, the temptation is to avoid them by jumping off your system
Ed Seykota