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Walt et al,
Not bad! An easily read and digested article. Hard to get brutally honest in
the self evaluation though. I do think that most traders will have to go
through most of these dead ends to find the prize.
What I haven't heard from anyone is that this is a useful guide to hold up
to your progress and see where you should concentrate your efforts at
improving your trading skills. Trouble is that we sometimes find that the
needed change is all encompassing.
Just the other day I spoke with a day trader that uses only a DMA and some
reversal rules to successfully trade the Spooz. It's kind of tough for me to
get that simple but it's where I'm trying to go.
Funny how all forms of risk tend to enslave many of the participants.
I'd say that decisiveness and discipline are where most traders fail after
all the rest is considered.
Brent
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