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Re: Trading Journals and Trading Plans?



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> Sunny Harris has a concept called Potential Hourly Wage (PHW),

IMHO, that's a bogus concept. Your hourly wage depends on your return %
and your account size. Given an adequate return, and enough time, your
hourly wage approaches infinity as your account grows. One should
concentrate on the risk/return ratio of the method and let the hourly
wage take care of itself. If the method is good, you can survive a few
years of poverty before you can afford to buy that island. :-)

-- 
  Dennis