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You get exactly what you want out of the market

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The quote was originally by Ed Seykota, one of the pioneers of automated trading systems:

"Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money."

(From https://en.wikiquote.org/wiki/Ed_Seykota, quoting from Schwager, Jack D. (Editor), Market Wizards, HarperCollins (1989), page 172)

Personally, I think it sounds like it has a profound meaning, so people read a lot into it. It looks like he just meant what he said: some people want to lose, so they do.

(This actually could be taken as profound too, in a different way. )

It's sort of like one of those Zen things. You can get anything out of it if you stay with it long enough....

(More on Seykota: https://en.wikipedia.org/wiki/Ed_Seykota )

Bob.

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