#SwingTradingStrategy
Ed Seykota on the key to trading success
Ed Seykota, a pioneer of technical analysis , wasn’t just about the charts — he was a die-hard trend-following enthusiast.
If swing trading is your thing, one of Seykota’s golden rules should be your mantra: “The trend is your friend.”
Seykota loved riding long-term trends like a pro surfer catching the perfect wave 🌊
Once he identified a solid, sustainable trend, he didn’t just hold his position — he doubled down, throwing more coal into the fire of his profit train. 🚂💸
“But wait,” you ask, “What about all those moving averages, support-resistance levels, chart patterns, and other technical wizardry Seykota popularized?” Sure, those tools are vital. But the heart of his strategy? Spotting a robust trend, gauging its strength, and timing those sweet entry and exit points like a champ.
Beyond the technicals, Seykota preached discipline 💪, flexibility, and developing your own trading style. Surprisingly, this legend of hard data didn’t dismiss intuition.
Decades of market experience turned his gut instinct into a finely-tuned superpower — a tool he wasn’t about to leave on the shelf.
So, ready to find your trend and ride it to glory? 😉