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Carol Alexander - market Contents list of illustrations Computerized trading An introduction The disciplined trader - developing Wiley trading seriesbeyond By wiluam MC'laren Trade your way The Theory of Interest Publications in operations Introduction to Econometrics Methods of Wall-Street Master First editionwith 140 This book was Icroeconomicprinciplespaul templea buffer The gann pyramtosquare The harmonic traderby Also by david The profit magic The symmetry wave

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2

Why Traders Win r

♦ Develop Specific Procedures (< *-)

♦ Have a Defined Operational Methodologv(/) A

♦ Understand How your Trading System Works

♦ Be Sufficiently Capitalized

♦ Dont Take Quick Profits (unless day-lradng)

♦ Begin Using a System after it Draws 1 [ fjj

♦ Be Willing to Accept ior more Consecutive Losses

♦ Dont Think Too Much

♦ Dont Set Specific Price Targets-sfvbuji lUjif-d:

♦ Dont Believe the "TIfflht Stop Loss" Myth-Vw , ,

♦ Play Your Own Game - Avoid the NEWS

Figure 1-6: Why IVaders Win

Outside Day Pattern

0 2> ftb

0 I/

Figure 1-7: Outside Day Pattern

owe

Crude Oil Track Record

CRUDE li9ht

p»tt»rn: l02<lci > 1 >

Fro* 1985 thru 1994 Konths: JUN DEC

Buy. S*ll: Z60 -3top: 6.00 (Percent, Closing)

11/01/9* 11:*l;37

Entry

Exit

Month	Dat*	Price		Oat*	Price Change				� +/-		Cue profit «
	32/07/85			05/S1/85					1180		neo.oo
	07/23/85			10/11/85					2440.00		3620.
	08/21/85			11/11/85					3500		7ieo.oo
	09/03/85			11/19/85			3.70		3700		10820.00
	C9/25/85			11/19/85					3430		14300.00
	10/08/85			11/19/85					2680		16980.00
	03/18/86			03/20/86					-850		16130.00
	�04/02/86			05/19/86					544C		21570.00
	10/02/86			10/13/86					-940		20630.00
	03/31/87			05/18/87					136C		21990.00
	07/15/87			08/19/87					-1240		23750.00
	03/13/88			05/19/88					1300		22050.00
	Ot/17/89			04/10/89					2730		24760.00
	02/01/89			04/25/89					4610.00		29390.00
	02/02/89			04/26/89					4300		33690.00
	02/27/89			05/18/89					2870		36560.00
	08/31/89			11/16/89					1230		37790.00
	09/11/89			11/16/89					590.00		38380.00
	10/10/89			11/16/89					-150		38230.00
	01/25/90			C4/09/90					-1240		36990.00
	07/10/90			10/01/90					18429.99		55*19.99
	09/27/90			10/02/90					-2290		53129.99
	01/07/91			01/17/91					-1440		51689.99
	03/04/91			05/20/91					1840		53529.99
	03/13/91			05/20/91					1730		55259.99
	07/3:/91			10/21/91					2500		57760.00
	10/03/91			11/19/91					-530		57230.00
	02/01/94			02/14/94					-960		56270.00
	04/21/94			05/19/94					1820		58090.03
	05/02/94			05/19/94					1280		59370.00

Figure 1-8: Crude Oil Pattern

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