The Mouse, from Victor Niederhoffer
The mouse with one hole is quickly taken. This proverb maybe generalized to all sorts of market conditions.
It's why one should never take a half hour trade in markets no matter what the expectations… and it also applies to those big shots that can go against you 1 in 20 times like February 4th and other things.
Comments
anoymous on May 21, 2018 5:00 pm
Does this logic extend to rule that smaller time frame price action is largely noise and therefore less propitious?