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On Tue, 3 Aug 1999 21:37:24 -0700, you wrote:
> If you know your system then you will also
>know when it is going to trade and when it is going to be out of the market.
>You will have already decided that you prefer taking small bites of a
>sideways market over sweating out big drawdowns in a roaring trend for
>example. Therefore missing a trading opportunity will not bother you because
>you know that your system is going to catch the particular kinds of trades
>that you designed it for.
Yes that is very true...but you have to know before hand which will
bother you more; taking the losses or missing the potential profits.
If you don't design a system which suites your "psychological profile"
you will fail.
RGA
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