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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 16 May 2005 01:08:30 -0700 /

Author of the message: "Tracker"

Title of the message:
Un learning to trade

Text of the message:
Un learning in trading
As traders we all seek to learn but how many of us first un learn
before learning something new in trading.  This is a skill and
acquiring that skill leads one to become a better trader.  From the
beginnings of our education and through adult life we are taught things
like 2+2=4, a fundamental part of education in schools is that there
are rules like this one.
I firmly believe that to be a successful trader you need the skills to
unlearn and also to know that there are no rules.
But with one exception!  That rule is that markets are simply a
collection of beliefs, the markets move in relation to a shift in
overall belief in price or better to say "level" of the current
level.
So coming back to the trading environment.  So many day trading
software programs are based on patterns and complicated mathematical
formulae basically trying to map the markets recent history in the hope



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