I am currently reading Schwager's "A Complete Guide to the Futures Market" and found this section to be interesting and wanted to share. They are just some common mistakes made when trading on reports or news concerning futures. I am sure there are many many more "fallacies" out there, feel free to add a few if you'd like.
A certain funnymental paper trader expert here needs to read and learn. They knooow all already so of course it will be over their Canucklehead.
Mine too…the wizard books are up there (but just beneath) rem of a stock operator. I’m only reading this one because you recommended it so thank you, it is very much worth the read.
%% Good read; + he almost always is. I was thinking of grass fed beef also=very tasty also. I'm re-reading Jack Schwagers's Hedge Fund....How Winning Traders Win Book
At Enron's peak WS was in love with this company. The red flags were there - this was a big fraud .. a criminal empire sabotaging California's power grid for their extortion & cooking the book. Price action is king.