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  1. #1
    Join Date
    Dec 2008
    Where I am comfortable with

    Default Whipsaw Song by expert trader Ed Seykota

    The Whipsaw Song
    2008 by Ed Seykota

    to the tune of "The Crawdad Song,"
    a traditional bluegrass tune in the key of A


    You get a whip and I get a saw, honey

    You get a whip and I get a saw, babe

    A A7
    You get a whip and I get a saw

    One good trend pays for ‘em all.

    A E7 A
    Honey, trader, ba-by mine.

    Banjo (Ride Your Winners):
    What do we do when we catch a trend, honey ... etc.
    We ride that trend right to the end.

    Mandolin (Cut Your Losses):
    What do we do when we show a loss, honey ... etc.
    We give that dag-gone loss a toss.

    Fiddle (Manage Your Risk):
    How do we know when our risk is right, honey ... etc.
    We make a lot of money and we sleep at night.

    Guitar (Use Stops):
    What do we do when the price breaks through, honey ... etc.
    Our stops are in so there’s nothing to do.

    Bass (Stick to the System):
    What do we do when a draw down comes, honey
    What do we do when it gets real big, babe
    What do we do when it's even bigger ...
    We stick to the plan and pull the trigger.

    Banjo (File the News):
    What do we do with a hot news flash, honey ... etc.
    We stash that flash right in the trash.
    Last edited by mkneo; 22-07-09 at 12:42 AM.



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