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

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Appendix 2: THE TROUBLED TRADER by Tony Plummer, MSTA

I am including this article by Tony Plummer as it sets out the working of the “triune” brain clearly. It also sets out the various likely responses and biases that individuals of each type may be prone to. This information can prove invaluable to any trader. I am much indebted to Tony Plummer and to his publishers, Kogan Page, for permission to use this piece. The article was published in the IFTA Journal a few years ago and was then incorporated, in an amended form, in Tony’s excellent book Forecasting Financial Markets.

Making money by trading the financial markets is very difficult. This is a fundamental truth. Unfortunately, it is almost impossible to convey this truth from one person ...

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