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A random trade generator illustrates that money management is more important
to successful trading than good entries.
Care to share some details?
On the otherhand, I would suggest 1st and last hour of trading day are
intent driven = non-random.
The market is not able to absorb the sudden increases in volume, and so
there is pressure in a particular direction.
Institutional traders will act both at particular times and on some days
more than others.
Eric Svendsen
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