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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: OZ who wrote (10108)	9/4/2000 7:35:26 AM
From: TraderAlan	Read Replies (3) \| Respond to of 18137

Oz, <IOW I think Risk/Reward is at least as and probably more important than being right more than half the time. Traders that I know that have accuracy over 60% are not making near the money as those I know that are at or below 50%. The need to be right all the time shortens their holding period and reduces overall profits.> Said very well. It therefore follows that what separates a trader from a gambler is the management of reward: risk. Alan