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What this brings to mind is the important truth that systems trading is not
about winning with every trade but about a consistent growth in the equity
curve. Over and over again I have experienced periods when the systems lost
money and I was tempted to ignore signals. I found out the hard way.
Trading every signal of a robust system leads to profitability.
Lawrence Price
Mark Brown wrote:
> Hello david,
>
> either trade in multiples or do not lament over lost opportunity only
> look forward to future possibilities. in common texas talk so what if
> you miss a few especially if the good ones are much more plentiful in
> numbers.
>
> dbs> And for those times when the recoil never comes.....then what?
>
> >>exercise: next time you have a break out buy or sell - rather than buy
> >>the breakout - wait - wait until the price pop expires and collapses
> >>down as it is breaking down against what you would have previously
> >>bought. then buy - as the price is now going the opposite direction
> >>(down) that your whole being is fully committed to - can you do this?
>
> --
>
> Have a Great Day, Mark
>
> http://www.markbrown.com
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