It alwyas bugs me how you do manage your knowledge. Have experienced paradox of choice during your ,,harsh" play with market?jacob wrote:+1 on the What Works book. As far as I remember, it has a list of experiental rules in the back. Those (20? or so rules) are a very good start, but successful traders will have hundreds of these as accumulated from spending thousands of hours studying the markets and themselves. Statistics does a poor job of summarizing all these rules (it's like doing brain surgery with a broad axe), but it's certainly a better than assuming nothing (i.e. random walk).
How have you played ,,I know how I can obtain 4% return, but I want to have 5% return" (and avoided possible loss)?