From 973b079c7dded19fcf84f600c9dc230dc110503d Mon Sep 17 00:00:00 2001 From: nic Date: Tue, 30 Jul 2024 20:54:47 -0400 Subject: Auto from nzxt - Tue 30 Jul 2024 08:54:47 PM EDT --- Finance/Axioms.md | 34 ---------------------------------- 1 file changed, 34 deletions(-) delete mode 100644 Finance/Axioms.md (limited to 'Finance/Axioms.md') diff --git a/Finance/Axioms.md b/Finance/Axioms.md deleted file mode 100644 index 854cf42..0000000 --- a/Finance/Axioms.md +++ /dev/null @@ -1,34 +0,0 @@ -Don't trade P/L, trade stocks - -90/90/90 - -Price leads sentiment and sentiment drive the narrative. - -Cheapest "insurance" is trend following. - -Naked selling of Options is akin to "Picking pennies of the railway track." - -As soon as you are long options you are long volatility and time is agaisnt you. - -The economy is not a speedboat its a tanker. - -Markets stop panicking when policy makers start panicking. - -All models are wrong. - -Be Right, Be Early, Be Loud - -Buy protection when you can, not when you must. - -You can trade nonsense but don't believe it - -Don't react like a Pavlovian response machines to the daily market narratives - -Stocks take the stairs up and the elevator down - -When a trader start to feel really smart, he is headed for a huge drawdown - -Nothing is ever confirmed until it is pubicly denied - -Solana is best thought as 4xQQQ - -- cgit v1.2.3