Trading Falsehoods

Contents

1. "You need a different system for different commodities"
2. "The more rules the better - your trading will be more accurate"
3. "The more you stake, the more you make"
4. "It's best to write your own simple software for trading"
5. "Systems traders make forecasts, based on historical prices"
6. "Systems traders are light on their feet, ready to jump in at any moment to sort out whatever problem might arise in their daily trading."
7. "Your charting software can double as your trading software."
8. "You can learn commodity trading by experience - take your time but be careful."
9. "The markets are the same for everybody and everybody runs the same risk."
10. "There's no way of reaching trading goals, so why set them in the first place?"
11. "You only need rules with a positive expectation."
12. "Selecting a few commodities to spread your risk is enough."
13. "Creating your own system is difficult."
14. Porfolio trading just means trading a variety of different commodities.
15. "You can expect future results to be like those of the past."
16. "You'll work out your own best methods if you keep trying different things."
17. "You can have more influence if you select the lightly traded markets."

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