Great Post, we can see more and more the trading philosophy you have being developing coming out, I believe you are almost there. As commented before, I really like the anti-fragile system idea.
- Other thing : for me, the only difference between Trader 1 and Trader 2 is the so called "beginner's luck" but whether the lucky one is Trader 1 or 2 is questionnable (I tend to think that's number 2 who starts with a blow up... provided he survives to his going broke to trade again...). But this said you are right, both end up broke one day or another...
- Regarding experienced traders that finally blew up, maybe it's merely because, corrupted by their own success, they did not stick to the system they had spent decades to develop (and that was maybe anti-fragile). So a complete anti-fragile system has to take into account from its foundation the power of success (and money) to corrupt us: how will we react after millions of profit ? On my side and that may seem a bit at the opposite, one topic I'm focusing on is the reaction after heavy losses but actually I think it's a part of the very same idea and another aspect to be built in a anti-fragile system. I think we're in tune, looking forward for new posts of yours.
Tue May 03, 2016 9:51 am by Andrea ForexMart
Subject: The Poverty of Historicism 
