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> 1) Why do so many traders fail? Have they not read these books?
Andy,
Do you mean (a) discretionary or (b) system traders ?
If you mean (a) so my 14 years humble experience says that they fail
beause:
a1/ don't have a completed strict, logic plan/strategy
a2/ psychology
if you mean (b) then:
b1/ they use unrealistic logic or statistics is not involved in their
tests
b2/ psychology
If a2 or b2 is the case so let me suggest to read one more book which
is excellent (IMHO the best) on that subject:
Mark Douglas: Trading in the Zone.
Also some answers to your questions can be found in Jack Schwager's
series of "Wizards" (3 books). Believe me you will read them with
great pleasure.
good luck
KatHay
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