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"Winning in the markets requires an understanding of probabilities. You must
quickly learn that you will not win every trade. The objective is to win as
many as you can, and that your win/loss ratio reflects a profit over a period
of time that fits your personality and desired lifestyle."-Rick Ratchford
Probabilities? Mr.Ratchford has already proven himself ignorant of the basic rules of probability. Please read:http://www.commoditycafe.com/cgi-bin/webbbs_config.pl/read/5502 Or do a search here on "probability".
"The objective is to win as many as you can..."
Here's where Rick Ratchford really exhibits his trading naivety. Ah, no, the objective is not to win as many as you can. See my post on generating a meaningless win streak. Your goal is net profitability. Positive expectancy of your trades. Despite dozens of requests, Mr.Ratchford has never been able to show any for his turn date forcasts/trades.
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