The Tone of BS (Part 4)

From just four of 12 paragraphs I have been able to falsify this thesis on trading. For the sake of completeness, I will continue on.

I believe [5] happens quite frequently.

I agree with [6].

[7] seems somewhat meaningless. I don’t care what strategies this author prefers. I have no idea whether this author is a profitable trader, anyway.

[8] opens another can of worms. How do I know if seasonality reduces exposure and improves performance? The author claims this but for evaluation purposes, I would have to see the data or citation behind this conclusion.

[9] is also quite meaningless. This sounds good but how does the author know?! The author could start with “in my experience,” which would leave me to evaluate the author’s trading experience. Without that qualification though, the statement is downright absurd. How am I going to evaluate the easiest way to make money? The author does not even list different approaches for comparison. This is totally baseless.

I agree with [10]. I cannot say whether it is a good or bad thing to do all that research without any live trading, though. Perhaps staying out of the markets would save me from severe losses! Perhaps staying out would prevent me from precious gains. It would be good and bad, respectively, in these two cases.

I think [11] is a restatement of [9]: not very meaningful.

I think [12] is meaningless. Yes, looking for better odds to gain than lose would seem like a solid strategy. Taking what the market gives you, though, is always extremely clear in retrospect rather than in the moment.

Overall, I think these paragraphs are yet another collection of trader gobbledygook. Parts sound good. Most of the rest are platitudes, propaganda, and other nonactionable ideas that would do little more than stop critical thinkers in their tracks with looks of puzzlement on their faces.