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Friday, July 1, 2011

Emotional Trading

We must plot the price movements, it is our duty as a trader to track the fundies to the bank.


The longer a decline goes on, the more technicians get caught up in bearish gloom and ignore bullish signs. This is why it helps to have a written plan for analyzing the markets. We have to decide in advance what indicators we will watch and how we will interpret them. Elder

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