The Five Truths - to be internalized. Anything can happen You...

  1. wombat53
    7,702 Posts.
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    06/12/15
    02:01
    Post #: 16554682
    The Five Truths - to be internalized.
    1. Anything can happen
    2. You don’t need to know what is going to happen next in order 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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    lightbulb Created with Sketch.  Great analysis
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