Polemic's Trading Aphorisms
- 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.
- Buy low, stopped lower.
- Selling new highs is like buses. You wait ages for one, but as soon as you step aboard another one comes along.
- Adding to winners gets your stops done faster.
- When all the talk is about Italian banks, buy.
- If it begins with a J it will have your arm off.
- Academics aren’t rich because they missed the trade whilst writing about the last one.
- 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.
- Dealing from a train on a tunnel ridden route makes Russian Roulette look lame.
- "China to blow up one day" will remain a meme longer than you can remain short.
- You will never be the first to trade the news, so fade it and hope.
- If there is absolutely no chance of your stop being done on the Sunday night open, it will be.
- It's less embarrassing to say you were up watching porn than the Chinese open.
- If someone mentions Fibonacci, there's no data out.
- "Italian banks to blow up Italy one day" will remain a meme longer than you can remain short.
- Most short term positions end up in long term books.
- Whatever you tell your mum, you are gambling.
- If Gundlach is talking your book, take it back to the library.
H/T to 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.
- Buy low, stopped lower.
- Selling new highs is like buses. You wait ages for one, but as soon as you step aboard another one comes along.
- Adding to winners gets your stops done faster.
- When all the talk is about Italian banks, buy.
- If it begins with a J it will have your arm off.
- Academics aren’t rich because they missed the trade whilst writing about the last one.
- 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.
- Dealing from a train on a tunnel ridden route makes Russian Roulette look lame.
- "China to blow up one day" will remain a meme longer than you can remain short.
- You will never be the first to trade the news, so fade it and hope.
- If there is absolutely no chance of your stop being done on the Sunday night open, it will be.
- It's less embarrassing to say you were up watching porn than the Chinese open.
- If someone mentions Fibonacci, there's no data out.
- "Italian banks to blow up Italy one day" will remain a meme longer than you can remain short.
- Most short term positions end up in long term books.
- Whatever you tell your mum, you are gambling.
- If Gundlach is talking your book, take it back to the library.
H/T to Polemic
