Honestly, I know you mean well. I tend to assume good intentions on the part of any person. But I’ve just got to say something about some of the aphorisms that are repeatedly offered here with respect to trading. Either:
- They are brilliant nuggets of wisdom which I am simply too thick to understand (and this is not false modesty; I absolutely accept that I might be too stupid to “get it”), or
- They are absurd bromides which sound pithy but in fact are pointless.
The ones that have come up again and again that prompted this post are:
(more…)