Friday, March 5, 2010

trap

taleb said that it doesnt matter what we think we know. what really matters is what we actually know.as a technical trader, i have trouble making sense out of one spx chart using a couple of means of analysis and in general we all want to dissect,commment, understand and be an authority on american/ their respective countries economies,oil, currency etc.the need to be a fundamentalist and understand everybit of information for capturing 3-4% moves on spx/equity indices is really the biggest trap for a technical trader.

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