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Trade with the Odds: How To Construct Market-Beating Trading Systems, + Website by Anthony Trongone, PHD, CFP, CTA

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Chapter 2

Playing the Percentages

Man is born free but lives everywhere in chains.

—Jean-Jacques Rousseau

Systems have boundaries, imagination has none. If you release yourself from system constraints, you’ll be better able to uncover and utilize your creative ability.

The trading philosophies of most systems disregard your natural resources. And the rigid restrictions they enforce hardly ever take advantage of your own creative powers; this eventually undermines your intrinsic motivation. Without using your inherent ability, your self-confidence as a trader never blossoms, because your success corresponds to the vagaries of the marketplace—bull markets bring success, bear markets bring failure. Consequently, you will eventually achieve only ...

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