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Ed Seykota’s 6 Rules from the Whipsaw Song
Fear & Hope in Trading
False Beliefs About Trading the Markets
Remember These 13 Points
The Perfect Trader is patient with entries and exits, they are focused on what works not personal opinions. They do not worry about missed trades, the Perfect Trader does not boast while winning and does not become depressed while losing. They are never too proud to admit when they are wrong and exit their trade. They do not give unsolicited advice to other traders because they know everyone trades their own system and their own plan. They are not angered by the market action with losses because they take full responsibility for all their trades.