think about it...
Thursday, March 13, 2008
"For the top traders who have learned to think in probabilities, there is no dilemma. Predefining the risk doesn't pose a problem for these traders, because they don't trade from a right or wrong perspective. They have learned that trading doesn't have anything to do with being right or wrong on any individual trade. As a result, they don't perceive the risks of trading in the same way the typical trader does." -mark douglas
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