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To: ftth who wrote (25)	1/23/1998 1:48:00 PM
From: ftth	Respond to of 237

[TA QUOTE OF THE DAY]: "One characteristic that I find most important, something that didn't become clear to me until the second Market Wizards book, is that all successful traders have developed methodologies that fit their personalities perfectly. To succeed in this business, you have to find a method that fits you, which is not the same thing as gravitating toward the approach that you originally thought you wanted. Originally, I thought I wanted to be a classic trader - you know, sell at the top and buy low and be smarter than anyone else. But eventually I found that such an approach didn't fit my emotional state and it didn't fit the way I reacted to markets. I found I was much more comfortable using analytical approaches and being removed from the market, so using mechanical approaches suited me better. This trading style isn't what I originally aspired to, but it's what I found to be the right fit for me. To paraphrase, one of the traders I interviewed, Randy McKay, said that every successful trader he's ever known has found a method that fits his or her personality. I put that front and center in The New Market Wizards because I believe that this concept may be more important to successful trading than anything else. Surprisingly, it's a concept that is rarely ever mentioned." --Jack Schwager