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KatHay -- Douglas's book got excellent review and seems interesting,
I've ordered it. Thanks.
--- In equismetastock@xxxxxxxxxxxxxxx, "kathay1199" <futowiec@xxxx> wrote:
>
> > 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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