Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: eaglains who wrote (8719)	3/29/2006 11:11:34 AM
From: alanballow	Read Replies (2) of 13449

Fear and greed are what move markets. If I understand Dabum correctly, his method takes those emotions (fear and greed) out of trading by using mechanical predetermined triggers for entry and exit points. Someone once used an analogy to compare working sales leads with looking for pearls in oysters. As soon as you determine there is no pearl, you move on to the next one. This works for leads and this will work for trades. We know Bum's picks will not be 100% winners. As soon as you know a trade is not going to yield a pearl, get out with a minimal loss and move on to the next one. Funny that you address Bum as Sensei, my first images of his method brought to mind a Zen master involved in the whole process of trading but detatched from the day-to-day ups and downs, knowing there would be ups and downs but with faith in the whole process. IIRC, you had some early successes here and now seem to have lost your mojo. Why not go back and reread the thread headers? Good trading!

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