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Fire-Star
Sat May 28, 2011 11:58 am


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@Bend, Packoz 

You are very welcome. You constantly hear that trading is 80% psychology and 20% technicals, however even 2 people with the very same training can look at the same chart and interpret it differently based on their biases (psychology again) so perhaps 100% of trading is psychology. I have studied various disciplines and always attempted to get to the very best in those fields to learn from,....you know the 'if you're going to fly...learn from an eagle' approach. What I've learned about Al is that his technicals are rock solid, math-based and statistically contextualized. His psychology is unwavering, and yeah probably responsible for 80-90% of his success, yet he apologized for spending time on it??? I have never heard him apologize for drilling technical discipline, why is that? Perhaps because he thought those listening to him would not find it valuable? I am going to ask him to do more on the emotional discipline side. 

Ashwin