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Re: REALITY CHECK



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> I think that both systems books will give
> you the basis for profitable trading if you get your psychology right.

If you trade a mechanical system, psychology is irrelevant. Just take
the trades the system gives you and ignore your "feelings." 

Trading psychology is a nice cottage-guru industry that is about as
relevant as system vendors. "Oh, you're losing money? Buy my book, it
will set your mind straight." "Oh, you're still losing money after
reading my book? Well, obviously you have deep psychological problems.
May I suggest some private sessions at $xxx per hour?" Bull. If your
system is any good in the first place, all those psychological problems
magically disappear as you watch your account grow. If it isn't any
good, no amount of counseling is going to make it any better.

-- 
  Dennis