Saturday, February 26, 2011

how traders learn!

"you make observations,

you formulate theories about what is happening in markets,

you express those theories as hypotheses,

and you test those hypotheses with specific trades that you place.

over time,

your trading experience

either validates your market understanding

or contradicts it,

supporting or leading to modification of your basic theories."

- dr.brett sleenbarger

author of 'the psychology of trading'

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