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Yuki is absolutely right, of course.
To quote Lin Yutang: "Where there are too many policemen, there is no
liberty. Where there are too many soldiers, there is no peace. Where there
are too many lawyers, there is no justice."
To which I add: Where there are too many traders, there is no profit. The
most profitable trade locations are usually where the least number of
traders enter the market.
Geo
----- Original Message -----
From: "jnk1997" <jnk1997@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Sunday, January 16, 2005 09:40 AM
Subject: [amibroker] Re: TJ: TASC February 2005 Traders Tips
>
>
> Hello,
>
> TASC Feb 2005 is a pretty good issue, many interesting articles.
>
> To continue on YUKI's post (theme) there is a quote in the Feb issue
> from an experienced floor trader that goes like this:
>
> "The best entry points when you're trading are going to be the ones
> that are either not very obvious, or places where you feel
> uncomfortable entering"
>
> In my opinion, using a mechanical system to identify these entry
> points and eliminate emotion is the way to go.
>
> Regards
>
> Jim
>
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