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Re: Blackbelt1 post# 14738

Monday, 10/10/2005 8:19:47 PM

Monday, October 10, 2005 8:19:47 PM

Post# of 51805
There is no certainty in trading. If you think there is, you are in the wrong business. It's about probability and assimilating information from as many sources as possible to get the best all-around picture of what is happening at the moment you place a trade. It's not about blindly following one trading method to the exclusion of everything else because you decided that "this golden egg" made the most sense to you. Successful trading is judged by percentage returns over time, period. Like Bill Parcells said..."We are what our record says we are". I listen to the cycle traders talk about where we are in a cycle and it seems much MORE subjective and speculative than how I operate. Just my opinion.

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