4 Trading Rules that made $15,000,000 from $5,000 - Ed Seykota's | Ed Seykota Trading System

In this video, I condensed learnings from Ed Seykota's interview in the book Market Wizards by Jack Schwager in a set of practical applicable rules that anyone can use.

I also discuss Ed Seykota's trading strategy, which is primarily trend following using moving averagers and other techical indicators.
He used Mechanical Systems in his trades to guide his entries and exits.
He was a complete Systems Trader and traded mechanically.

Ed Seykota's interview in the book Market Wizards can serve as a guideline for beginner trader to help them understand the role of Psychology and mechanical trading.

[devshah]

Thank you so much for such valuable content!! Please keep posting!!

[arielreyes]

Thanks for all your efforts in creating helpful videos.

[axelf]

Great video, thanks ! You make good trading videos with valuable information

[mulemule]

*When your need to be **_consistently_** profitable trumps your need to be consistently "right, " your probability of success markedly improves.*

[andrewmartin]

how would he have paid 30% corporate Tax on his profits

[jessebahun]

did he use any sort of leverage though?

[lovethyneighbor]

15 years for 3000%? bro clearly wasnt trading options