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Re: [amibroker] Re: need a reply please.



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Hi all,

Brian was certainly in a whimsical mood...must be doing ok!

> What is the most important information about trading that one can >embrace and over time can eventually prosper?


>Sound Money Management can turn any trading system with a positive >expectation into an even better one but it can not turn a negative >expectation into a winning system (RalphVince< "PortfolioManagment >Formulas, 1990).


Hard work! Just like any other job. It can reward you with leisure time, but that comes later.


> What is it exactly that makes people spend so much time chasing the >stock market or any market for that matter?

>Money, money, money ....
>must be funny,
>in a rich man's world (ABBA).

>It's good fun, to boot, and I sacked the boss!


Its fun, the whole world actually plays, but most of them don't know it. I think it's the freedom that it offers, and ultimately, I am responsible for myself, and I get the rewards/penalties for the work and skills that I bring  to the table.


> How can one really understand the market waives in which it flows 


>I didn't even whisper that answer to my wife in the bedroom!

You can't. You try and work out  the big picture first ( the global waves ) and that's all you need - you don't  try to "understand" the smaller waves, you just catch em when the surf's up. ( I will not be pursuing the bedroom allusion )

> or how does one trader out perform other trader when both are using the >same indicators and information.


I have never actually known any two traders to use the same technicals on the same markets. Most traders I come across have some "intuition" to add to the technicals as well.


>Everyone specialises, over time, so we are all 'doing it my way' >(FrankSinatra) .

>Trading is a high performance sport so approach it as if you are trying to >get on the US track and field team (insert your fantasy dream in place of '>get on the US track and field team' ... no, not the one involving Angelie >Jolie).

> Why is it that the MACD is so important to some and not others?
>Some believe in it and some don't.

>Aaronson does a reasonable job of elucidating the foibles of the mind, as >evidenced by traders behaviour, in the first section of his book ">EvidenceBasedTechn icalAnalysis" ... for an amateur!
>"You can't be a high performance flyer, on one wing, even a gold one".

>Guru Brian says, "Read one hundred times, believe 1%".

>brian_z *:-)

Robert Z



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