All Traders
Portrait of Ed Seykota

1946-present

Ed Seykota

The System Trading Pioneer

Computerized trend following before it was mainstream. Seykota believes that trading psychology is the most important factor and that emotions must be acknowledged, not suppressed.

Trading Strategy

Systematic trend following using moving averages and breakouts. Automated trading systems with strict position sizing. Trades multiple markets for diversification.

Key Principles

  • The trend is your friend until the bend at the end
  • Everybody gets what they want from the market
  • Win or lose, everybody gets what they want from the market
  • Risk no more than you can afford to lose
  • Cut your losses short and let your winners ride