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Everybody is guessing which way something is going to go. Is the DOW going
up? Is the NASD going down? Is it a bear market? Is it a bull Market? Which
commodity or stock should I buy? Which should I sell? I have to chuckle at
these conversations and discussions. Some day you will figure out that it is
you that determines whether the market is going up or going down. It is you
who determines the trend. All you have to do to change the trend is to change
the time frame you are trading. Try it, you'll like it. There are always 2
trades, one up and one down. The trick is knowing how to find them. Good
trading and a good week end to all. Ira
BUBLS@xxxxxxx wrote:
> Thomas,
> You have hit on the exact reason so many systems blow up in real time
> trading. People, myself included, tend to vastly underestimate the possible
> length of negative periods and thus bet far to aggressively. Understanding
> and preparing for the real possibilites and adjusting position size will
> impact one's results more than the entry method.
> Bruce L
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