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I simply meant that Trading is part of economics just as gardening is part
of Biology and tackling is part of Football. They are indivisible.
Under no circumstances do I believe that a person should trade by what an
economist or anyone else says. As I said before, I believe in trading 99%
technically. I also believe that having your mind set on some trade doing
what you think it should can be a costly mistake. But to ignore the science
behind something is to remain ignorant about information that could be
useful.
Brent
-----Original Message-----
From: Tom Stein <comfut@xxxxxxxxxxxxx>
To: brente@xxxxxxxxxxxx <brente@xxxxxxxxxxxx>; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
Date: Sunday, December 06, 1998 3:17 PM
Subject: Re: Economics
>"If trading has got little to do with economics then I'd say that one
>ought to quit trading."
>
>That's funny....I was thinking that one ought to quit economics.
>
> There is a big misconception about making money in
>trading................ it has almost nothing to do with where you
>"think" prices are going. In fact, I would bet the biggest loses
>anyone will ever experience is when they think they "know" where the
>market is going AND how it will get there.
>
>
>Tom Stein
>comfut@xxxxxxx
>
>
>
>
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