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gloe

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gloe

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Re: gloe post# 2005

Tuesday, 07/24/2012 1:14:07 PM

Tuesday, July 24, 2012 1:14:07 PM

Post# of 2032
From the iBox:

Mark Douglas: The 5 Fundamental Truths of Trading

1. Anything can happen. 2. You don't need to know what is going to happen next in order to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique.

There never was a moment, and never will be, when we are without the power to alter our destiny. This second, we can turn the tables on Resistance. This second, we can sit down and do our work.

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