Some of these rules are instrument dependent.... Trend trading vix is tough, much easier in crude. Without context these principles are just trading platitudes. Hard to separate the bullshit vendor speak from the truth. Test everything I guess and don't put LBR on a pedestal. Unless you want to look up her skirt.
No they can't, they rather count paragraphs or hound you to death cause they refuse to do back testing and wonder why they lose money. WRB, let them complain, we need to rob someone of their funds, grin....
Yes. Iow. The market trends or ranges. Have a strategy that trend follows. And have a strategy that trades the range. Know how to recognize a trend day and a range day
Shoot me a "like" my perverted friend. Not much point in looking up LBR's skirt these days. Dust might fall in your eyes.
Achille: A trader called Steve Burns posted them on twitter. Thought it make for a lively conversation (and it did!) I don't know the guy personally, btw.