Only a fool accepts widely held trading maxims

Trading maxims that are treated as gospel, but nobody actually investigates their accuracy.



Why do we implement them into our trading plans without investigating? 



It is because we are sheep, and it's easier to be a follower.



Successful traders think like wolves and never follow the herd. In fact, they avoid the herd like it's the plague.

Last summer I realized I had spent my entire

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