When Market Wizard Ed Seykota Speaks, I Listen!

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via StockCharts.com – Blogs:

I had the good fortune of hearing Ed Seykota speak at the International Federation of Technical Analysts in San Francisco a few weeks ago. To say he’s extraordinary is an understatement. I can’t even bring myself to quote his performance numbers at the risk you’ll question this writer’s personal credibility. Suffice it to say, when you are invited to talk to a group of insiders such as the IFTA crowd, your credibility is beyond reproach.

Ed is famous for a number of reasons beyond his envy-inducing stock market returns. He was one of the first traders who pioneered a computerized trading system (now known as System Trading) back when mainframe computers required punch cards for instructions. Considering his multiple MIT degrees, that in and of itself is not surprising. But what I so admire Ed for is his gift as a “simplifier”. He manages to boil trading down to understandable basics. In Jack Schwager’s book, Market Wizards, this is abundantly apparent as well.

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When Market Wizard Ed Seykota Speaks, I Listen!

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