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Veterans
What veterans say when the tape goes quiet
Ideas that keep you alive long enough to learn. Sourced, not invented.
Boris Schlossberg — founding partner of BKForex / BK Asset Management with Kathy Lien. Author of Millionaire Traders and Technical Analysis of the Currency Market. Wall Street veteran (Drexel Burnham Lambert, FXCM, Global Futures & Forex). Regular CNBC commentator.
Ask better questions
AI has all the answers. The hard part is asking the right questions. Assume alpha decay. Never stop stress-testing. “I have a strategy, I’m set for life” is how you go stale.
Panic has no floor
If people feel like their life is ending, they’ll sell you something for a penny that’s worth a million. A falling asset doesn’t bounce because you need it to. It bounces after panic is done — often after you’ve already lost the money.
No value — only the moment
There is no such thing as value. There’s only the moment. If someone needs out at any cost, you get destroyed.
Watch the blow-up
The moment I’m in a trade, I’m looking to get out. I’m watching for the blow-up, not the rev-up.
Personality over strategy
It’s not the strategy. It’s the personality. Don’t force yourself to be something you’re not. The number-one rule of trading isn’t a setup — it’s refusing to trade someone else’s temperament.
Unforgiving classroom
The market is the most unforgiving place in the world to work out your psychological problems.
75/25 against
Most people think the market is 50/50. It’s 75/25 against. Everybody lies.
Mr. Right Now
I’m not interested in Mr. Right. I’m interested in Mr. Right Now.
The SST scanner is in alpha while the engine is recalibrated (VPVR-CS). No live trading dashboard, no published performance figures, and no claim of autonomous live trading. That is intentional.