5 Fundamental Truths of Trading

Posted by mna@eejam | 10/16/2008 02:57:00 AM | 0 comments »

The 5 Fundamental Truths of Trading:

1. Anything can happen.

2. You don't need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.

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