Zurich Axioms - A book a friend gave me

[bqjkqdht10]

When people know you're a trader, they can sometimes take a quite different view of what "Trading" is all about and respond with kind intent. And no explanation ever rally clarifies it. Or is ever really worth the effort.

So, when I received a copy of Max Gunther's "Zurich Axioms" I immediately...put it to one side...However, ennui and a need for 'something a little different' crept up on me and I started to read it.

I'll post just the first few.

1. Worry is not a sickness, but a sign of health. If you're not worried, you're not risking enough.
{Always play for meaningful stakes}

2. Always take your profits too soon.
{decide in advance what you want and get out when you get it}

3. When the ship starts to sink, don't pray, Jump!
{Accept small losses cheerfully as a fact of life. Expect to experience several while awaiting a large gain}

4. On Forecasts: Human behaviour cannot be predicted.
{Ignore the economists, talking heads etc.}

5. Chaos is not dangerous: until it begins to look orderly.
{Beware the Historians' trap}

[Brandongus]

Yeah, I've almost put it down myself a few times. Almost. But it's interesting, the juxtaposition between what (most) successful traders hold sacred and how what Gunther is saying 'could' be interpreted.

I'm not coming down on one side or the other at the moment - just keeping an open mind.

I find it (still reading it) thought provoking enough to post certain aspects up on t2w. Thanks for your response.