Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: The Flying Crane who wrote (604)	5/14/2001 9:15:31 PM
From: Threei	Read Replies (1) of 867

Let's see if i got your point about blackjack dealers correctly. By going with proven system automatically trader puts the odds in his favor. When he tries to pick signals generated by system, deciding what to react on and what to ignore he ruins the odds built into system. In this case he might wind up on any end of the statistical bell curve with random probability which essentially turns his trading into gambling. In more simple words, he might increase or decrease his winning percentage dramatically (which is sign of amateur's approach), losing consistency (which is a trait of a pro). Considering the odds stacked not in trader's favor to begin with, in a long run this approach is likely to turn out rather bad. Did I get it right? Vadym

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