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Alex and Group:
I'm not sophisticated enough to understand the complete psychological
significance of this concept but it's said that
exits are more important than entries; yet most of us (I know
I do) focus on entries. Yet when I look at all my trades I
can see for myself that this is in fact correct.
Charles
-----Original Message-----
From: Alexander Levitin <alevitin@xxxxxxxx>
To: Ira <ist@xxxxxx>; BrentinUtahsDixie <brente@xxxxxxxxxxxx>
Cc: Real Traders Forum <realtraders@xxxxxxxxxxxx>
Date: Tuesday, July 27, 1999 10:12 AM
Subject: Re: Coincidence or not, I prefer not to use it.
>At 06:56 AM 7/27/99 -0700, Ira wrote:
>"It is not the system as much as the trader that makes for success. ...
>There is no system that can guarantee success. ...So Norman can astound
>the world with his results, and Arch Crawford can be wrong using the same
>system. ...Use what makes you money, and if you haven't found it yet, find
>someone to help you. Ira"
>
>I would second that opinion. I am sure that Norman's system produces as
>many (if not much more) "wrong" signals as the "right" once. It is Norman'
>s skills in selecting and using the signals of haven with combination of
>his earthly experience that may help him select his prediction.
>
>As of making money, any one who made at least one trade know that
>prediction is only a small part of making money.
>
>Alex.
>
>
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