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RE: [amibroker] Re: Trading Psychology



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<FONT color=#000080 
size=2>All,
<FONT color=#000080 
size=2> 
You really need 
to read the book to see what I was talking about.  I can't adequately 
explain a whole book in one post.
<FONT color=#000080 
size=2> 
This has nothing 
to do with money management, stop losses, position size etc.  One can 
have the best system on earth and still lose money with it.  Why?  
It's the mental part that can screw up many traders.
<FONT color=#000080 
size=2> 
Book is based on 
learning from many successful traders.  How they think, how their mindset 
is different from the 95% who fail.
<FONT color=#000080 
size=2> 
It is a very well 
written book.  It's the type of book where in the first chapter, one has a 
"ah oh, that describes me!" moment.
<FONT color=#000080 
size=2> 
In a nutshell, 
one still needs to use a program like Amibroker to get an edge on the 
market.  But at the same time trying to find the ultimate indicator or 
system can become a trap.  Read the book and find out 
why.
 
<FONT face="Vladimir Script" color=#000080 
size=5>Rick

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: phsst 
  [mailto:phsst@xxxxxxxxx]Sent: Thursday, April 03, 2003 11:22 
  PMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] Re: 
  Trading Psychology<If many of you have been 
  searching for the "holy grail" formulawithout success, read this book and 
  find out why this is a losingcause and how a successful trader's mindset 
  is different.>I'll read the book!BUT... you cannot imagine 
  what a disservice it is to tell others to abandon the search for the holy 
  grail!   Just because one Author hasnot found it, does not mean 
  that others have not found it!Geez... Phsst--- In 
  amibroker@xxxxxxxxxxxxxxx, "Rick Parsons" <RickParsons@xxxx> 
  wrote:> I highly recommend the book "Trading in the Zone" by Mark 
  Douglas.> > If many of you have been searching for the "holy 
  grail" formulawithout success, read this book and find out why this is a 
  losingcause and how a successful trader's mindset is different.> 
  > > RickSend 
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