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My personal favorite is that if 20 indicators are in agreement, then the
trade is 20 more times likely to be a winner than not. Or the more complex
an analysis is, the more you (deserve?) can count on a profitable outcome.
Regards, Jack.
----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, April 18, 2002 11:29 AM
Subject: Re[3]: Under financed trader seeking solutions to trigger pulling
issue
> Hello,
>
> there are some other hazards to trading:
>
> 1.) the pompass attitude that because you are successful in some walk
> of life other than trading, automatically somehow propels you to the
> foremost of your newly found hobby "trading".
>
> 2.) that the money you are throwing away at an alarming rate on
> acquiring the knowledge to trade will be reimbursed to you, surely 10
> times faster than you spent it.
>
> 3.) that limiting losses and preserving capital is more important
> than making money.
>
> 4.) that each tick on the chart the chart holds some mystical meaning
> and it is imperative that you you receive each and everyone of them
>
> 5.) that high percentage of winners automatically means riches.
>
> 6.) that the trend is your friend.
>
> 7.) that your lucky streak can be replicated when you can't even
> remember what you just did, nor define it in solid rules.
>
> --
> Best regards,
> Mark mailto:markbrown@xxxxxxxxxxxxx
>
>
>
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