ASPECTS OF JUDGMENTAL TRADING TECHNIQUES:

1. You can benefit from an extremely flexible market approach.

•  You will have a highly flexible personal schedule.

•  You have the potential for dramatic gains (or losses) quickly.

•  You will have potentials for extremely favorable win/loss ratios.

•  There is an absolute necessity for strict personal management.

•  There is an absolute necessity for a separate and adequate trading environment.

•  Relatively "small" amounts of capital can be adequate to achieve your goals.

•  Your focus on relatively few markets is not only acceptable, but preferable.
ASPECTS OF NON-JUDGMENTAL TRADING TECHNIQUES:

1. Poor win/loss ratios are the rule not the exception.

•  Historical hypothetical testing techniques are typically badly flawed for a wide
variety of reasons.

•  Most non-judgmental systems ultimately fail; the aim is to attempt to use one
while it's working.

•  Volatility breakout systems seem to best stand the test of time.

•  Multiple systems, traded over a wide variety of markets are necessary to smooth
out the equity curve.

6. Relatively large amounts of capital are necessary for system and market
i diversification, as well as for the inevitable drawdowns.

7. If system and market diversification is achieved, large amounts of capital are
employable.

°. Constant implementation oftrading signals is essential, i.e. no breaks.

Locating adequate help to implement the system signals is a challenge in itself.

ASPECTS OF NON-JUDGMENTAL AND JUDGMENTAL TRADING:

•  An excellent life style is attainable if trading goals are met.

•  Fulfillment, challenge, and discovery are possible outcomes ofthe trading
experience.

•  Stress levels can lead to utter destruction of your psyche and physical self, if not
properly managed.

•  Financial ruin will accompany a frivolous or ill-advised approach.

•  The work load is awesome and unending; it must be properly managed.

•  You will have the potential to meet, and have as friends and colleagues, some
ofthe best and brightest individuals on the planet.