Replies to post #18270 on The TradingEdge

[ziko]

Good stuff....that timing oscillator sounds like a proprietary tool...don"t think we can replicate it with the conventional oscillators we have...

[kiy]

TRADERS...
http://www.curatedalpha.com/2011/curated-interview-with-marty-schwartz-from-market-wizards/
Why do most traders lose money?

Because they would rather lose money than admit they’re wrong. What is the ultimate rationalization of a trader in a losing position? “I’ll get out when I’m even.” Why is getting out even so important? Because it protects the ego. I became a winning trader when I was able to say, “To hell with my ego, making money is more important.”