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The Way to Trade Better:Transform your trading into a successful business by John Piper

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Structure of the brain

Sometimes you are likely to find yourself thinking of taking a trade which has nothing to do with your system and you may wonder why. Many years ago this happened to me and I set about working it out. The answer may surprise you.

I’d had an argument with a friend earlier that day and I realised that this was why I had traded outside my system (what’s called a self-justified, but essentially random, bet). Now that may seem bizarre but let me explain how it works out.

Human beings do a lot of stuff for emotional reasons (hold the front page!). Many of us may think we are entirely logical and sensible but this is far from the truth.

Psychologists divide the brain into three layered regions. This follows how the brain evolved ...

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