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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (87957)6/13/2009 7:54:55 PM
From: Fiscally Conservative2 Recommendations  Read Replies (2) | Respond to of 94695
 
Ground Zero

Your are at a level above most,as far as I'm concerned. Folks can learn much from you should you continued to be willing to teach.

Being right or wrong is directly proportional to ones net asset valuation when playing this game;picking winners from losers,imo. The market is always right. It might not make any sense but the market decides where it wants to go and in what time frame. If this is what makes the market right then yes the market is always right no matter how much one can wonder,even the best of them,if the market is for real or not.
Emotion,the single most critical component of market management that will make or break any trading model. Models if not design to be programed without human interception will surcome to an emotional component side of any model. Program trading is a key here.

You have provided much insight and hopefully you will continue to do so. Maybe you might further discuss the risk associated with a good trading model and what is entail in eliminating the associates risks to increase ones success without being 'right or wrong' when making money.