Tuesday, September 13, 2011

Epiphany of the week

Actually, you can't expect epiphany's to arrive on a regular basis, they just arrive on a Poisson distribution, kind of like Black Swans, but more frequent.

Epiphany 1: Place Trades based on strategies that you have an edge on.

Place trades based on PROVEN strategies that you have an edge on.  

I bartered services and offered up 3 hours of financial analysis using Excel and Back Testing using Tradestation.   I had to qualify that by saying services performed next year.....hmmmm, ouch because I don't know the Tradestation backtest YET!   

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Insightful and Useful Comment!