Daily Tips

Monday, March 11, 2013

Three Stages of Trading

These three are mutually inclusive.  Without each working together to create the whole, managing your trading success will be difficult. Simple really but difficult to manage.  But once managed very difficult to complicate.
ACTION + RESPONSE = COMPLICATED AS IT CAUSES CONFUSION
PREPARATION + ACTION = COMPLICATED AS IT CAUSES DOUBT
PREPARATION + RESPONSE = NOT POSSIBLE WITHOUT TAKING ACTION
PREPARATION + ACTION + RESPONSE = MANAGEABLE SIMPLICITY

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