Why sitting on your hands is one of your most valuable tools.
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Category Archives: Editorial
Keep your bet size consistent despite your strong feelings
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Until you have the expected value on your hunches calculated, keep your bet sizes the same.
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Strong opinions can lead to blindness
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Don’t be overzealous about a theme. You might not be doing your due diligence to be continually looking for blind spots or where and how you can be wrong.
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Learn to trade both sides of the market
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My sense is that it’s going to be a tough going for long-only traders in the near term.
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Taking flyers is gambling
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Know the expected value of a trade before you put it on.
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