Friday, August 19, 2005

So let's talk about the other part of trading........YOU



People spend so much of their time looking for the perfect indicator, the perfect settings or the perfect grouping of indicators to find an edge in trading. From time to time people will say that trading is 90% between the ears and in some respects I totally agree.

IF trading is 90% between the ears then it has to be followed by 9% money management and the rest is your trading plan. So let's take a series of tests over the next several days to see how confused I can get you....because this is something to think about....

So here are the rules and if you cheat a little, who are you really cheating, of course only yourself.

1. Read this line of text.
2. Then count the number of "F's"
3. Don't keep trying to figure if you are right or wrong.

Here is the text....READY?.....drum roll.......

FINISHED FILES ARE THE RESULT OF YEARS OF SCIENTIFIC
STUDY COMBINED WITH EXPERIENCE OF YEARS.


So now don't cheat....write the number down and come on back Sunday and let' talk.

I know someone will say that Sport is selling a black box system on his blog after the post yesterday, SEE I TOLD YOU SO....I TOLD YA. Well, if you can't tell this system lost $26,000.00 on 9,000 trades but that does include commissions. If you are clever enough to still want it.......just send me ....hummmm......25k. The bear center needs a pickup truck.

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