Ed Seykota Trading Quotes

Ed Seykota began his trading career in the 1970s, when he was hired by a major brokerage firm. It was there that he developed one of the first commercialized trading systems for managing money in the Futures market. After a few disagreements regarding the way management was interfering with his system, Seykota decided to go out on his own. So what was his trading performance like in the 1970s and 80s? As of mid-1988, one of his client accounts—which was started with $5,000 in 1972—was up over 250,000 percent on a cash-on-cash basis.