Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: bob wallace who wrote (710)	3/12/2002 7:31:01 PM
From: TechTrader42	of 1487

Seriously, Bob, getting stopped out isn't botching a trade, if that's what happened. It's part of any good system. I read notes from people who say they haven't had a bad trade in several months, because of their superior analysis of the market and the charts. To my mind, it's just a matter of time before conditions change and the market gets a clean sight on a clear, unmoving target. A readiness to be wrong should be part of any good system. Build with one brick at a time, and be ready to remove it quickly if the wall seems shaky. (Inspirational thoughts, ya know. Subscribers demand them [sometimes in lieu of profits].) Inspirational thought for newsletter subscribers: "Subscribe now! Send money! We're desperate! Help! You represent our only income!" Footnote: Note how the complex realities of analytical thought can leave a period ignominiously trapped between a bracket and a parenthesis. Moral: Don't let this sort of thing happen to your trades, where you can't move out of a tight spot.

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