Trading Aphorisms via Polemic’s Pains

Interesting collection of trading rules for our collection of aphorisms via Polemic:
– Never short the Dax when you think it’s blinding obvious to short the Dax.
– The best time to enter a position is just after you have been stopped out of it.
– Correlations work really well until you put the trade on.
– Selling new highs is like buses. You wait ages for one, but as soon as you step aboard another one comes along.
– The FTSE responds to many things, just not the things you know.
– There is always an algo ahead of you, get over it.
– A forgotten order is always a losing order.
– “China to blow up one day” will remain a meme longer than you can remain short.
– “Italian banks to blow up Italy one day” will remain a meme longer than you can remain short.
– Whatever you tell your mum, you are gambling.

 

Go check out the full list via Polemic’s Pains

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