His performance was staggering. According to Market Wizards , Seykota turned a $5,000 account into $15,000 (300% return) in six months for a client, and later managed money that compounded at over 60% annually for more than a decade.
Seykota also describes the four stages of a trader's journey: the trading tribe ed seykota pdf
. If you consistently lose money, Seykota suggests that on some level, you His performance was staggering