The laws of Murphy in the trade

The development of trading strategies

. sometimes require several years to acknowledge the obvious.
. easier than it looks, the more problems it hides.

Trade Execution
. if there is a possibility that something goes wrong, it would necessarily happen.
. you will never provide all the things that can go wrong.
. the less you do, the less can go wrong.
. You should always assume that your assumption is invalid.
. You never know how soon it will be too late.
. when things go wrong, do not go with them.
. If you are in a hole, stop digging.

Follow the trading strategy
. be punctual means only that your mistake will be made on time.
. to learn from their mistakes, you must understand that making mistakes.
. experience is to make new mistakes instead of old ones.
. best defense against logic - ignorance.
. If you enjoy what was being done, then you probably are wrong.

Financial sites
. If you do not know the answer, then someone will ask this question.
. never be too wrong too often.
. only changes that are easy to adopt - changes for the worse.
. the less you have to do, the slower you do it.
. always do exactly what your boss would do if he knew what he was saying.
. E-mail will never come when you have nothing to do.
. the less you say, those from smaller, you will deny.

Forex Magazine
based on www.greekshares.com