The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition

Question 26—Sources of Trading Ideas

Answer 4 All of the above.

You can pick up your ideas everywhere. A great Russian poet Anna Akhmatova wrote, “If only you knew from what muck poems grow, knowing no shame.” The key point is that all of those ideas are the raw material for your trading system. You may toss 20 ideas into the gristmill of your system, and in the end put on a single trade—that would be a reasonable percentage.