You get paid to interpret the intersection of reality and behavior

One of the best blogs out there is Dynamic Hedge.
Written by a trader, from a trading perspective, and probably best appreciated by traders.
Level-headed, professional, rational. And open to ideas.
Much excellent work.

This I think is especially worth repeating and linking to:
Marketview: Risk-on Momentum Continues
http://dynamichedge.com/2012/01/21/marketview-risk-on-momentum-continues/

you don’t get paid to intellectualize problems, you get paid to interpret the intersection of reality and behavior.

But go and read the whole article. Great work.

EDIT: I really should include this quote too …

If conditions change, I will change my opinion.

Timeless advice for traders.
If you can’t do this, it will be much cheaper and hugely beneficial to your health to find something else to do instead of trading.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s