mavaron's craps on investment - III

(1) "Riskless is only definition in mathematical world. In real world, every real value is risky."

Comment: Putting money in bank is like shorting all other risky assets in the world.

(2) "What matters is not how good your system is, but how good you execute your system."

Comment: Many said, trading is all about psychology.

(3) "If you are losing on every trade, make a system with reverse strategy."

Comment: Watch Schrodinger cat and Murphy's law.

(4) "Stock market always repeats, in a different way every time."

Comment: A variation of a famous quote.

(5) "Behavioral finance is not a challenge to finance theory, but a good excuse."