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The Way to Trade: Discover Your Successful Trading Personality by John Piper

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Chapter 11: SYSTEM PARAMETERS – SIMPLE TRADING RULES AND THE HUMAN BRAIN

As soon as an idea is accepted it is time to reject it.

Holbrook Jackson

In this chapter I want to explain the trading process, explain what analysis is really for, and show how to win in the markets. You may think this a little ambitious but I have been trading for 10 years and I have learnt the truth of these matters the hard way.

There are of course two sides to trading. The first is the theory, and this is where the simple rules come in. The second is the practice and this is where the human brain (including all emotional and instinctive input) comes in. The ...

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