Stories are how we make sense of the world, but they can get you into trouble when trading & investing.
In this issue of the Varsity Newsletter:
- Stories will always get you in trouble
- How to survive bear markets
- Timeless investing principles
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Simple systematic persistence with a quantified process that yields well defined probability, risk-reward metrics can consistently succeed with in a robust risk managed trading framework.
In an imperfect world there is no point of searching for perfection. No holy grail systems exist over a fair number of trades. There are no fixed deposit fixed interest schemes in the market. There will be loosing trades and having the ability to nonchalantly cut those trades is a trait of the successful.