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Old 01-01-2007, 05:31 PM
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Re: Three Pervasive Myths in the Trading World

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Excellent article. Looking forward to reading his latest book, "Enhancing Trading Performance".
I highly recommend it. The one thing that struck me the most about his new book is how seriously he takes the trading profession. He drills these points allot...

* Finding a Niche – Identifying a performance field that takes maximum advantage of your skills, talents, and interests;
* Deliberative Practice – Rehearsing skills in increasingly realistic settings to prepare for the challenges of actual performance;
* Constant Feedback – Intensive review of performance to identify strengths and weaknesses, so that you can capitalize on the former and address the latter.

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Anyone knows his work compared to Elder or Mark Douglas? Any difference at all?
In my opinion Elder will tell you about the gamblers and amateurs vs. the experienced professional. Douglas will tell you in a somewhat abstract way why many people fail at trading, Dr. Brett Lets you know the hows and why's.

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