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The Whipsaw Song (Market & Music)

The Whipsaw Song by Ed Seykota

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 them 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 is 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 its 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.

Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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