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Chapter 11. Putting It All Together—A Call to Action

Chapter 11. Putting It All Together—A Call to Action

So now that you’re armed with all sorts of strategies and techniques that you can use to enhance your trading skills, we now need to put together a trading plan. It’s always best to trade with high probability of success and well-defined parameters that you can stick to. Professional card players operate in this way. By counting the cards (a proven technique frowned upon by the casinos), the pros can identify periods of high and low probability for placing higher or lower bets. This is precisely the way I like to trade, stacking up the probabilities of success and sticking to the plan, come what may. While my own trading systems are discretionary in nature, they are loaded with rules so that there’s little room for deviation.

Stack up the probabilities of success and stick to your plan.



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