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Chapter Five
Prelude To Trading |
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Trading is an art. Just as there are many styles of art, all of which can be pleasing, there are many effective styles of tradingall of which can be profitable. While art appreciation is in the eye of the buyer, trading profits are much more readily determinable. I meet many people who are hoping that I will tell them the Wall Street "secret." They want to touch me and have me bless them with insight. Sometimes I feel like Obi-Wan Kenobi in Star Wars because people want me to tell them that the force is with them. |
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If you are reading this book to discover the Rosetta Stone translation leading to instant and eternal wealth, you can stop reading now. There is no magic wand that anyone can wave to make you successful, independently wealthy, and completely happy. There is no veiled incantation, magnetic lodestone, patented formula, or arcane process any one individual can use to move general market prices, because a market is millions of people interacting for their own personal reasons. By definition, every trade is a difference of opinion concerning the value of what is bought and sold. All I can do is give you my frame of reference, value structure, trading tips, and lifelong observations of what works and what doesn't. |
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I am willing to tell you what I know, but only you can make it work. Computers, bricks, pavement, concrete, real property, |
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