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Flying Lesson
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A trader has to study trends and reversals in the market the way a sailor studies the ocean
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Create the kind of discipline and focus necessary to trade effectively
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Remember, the best traders think in a number of unique ways to trade effectively
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Stochastic measures the capacity of bulls or bears to close the market near the upper or lower edge of the recent range
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Channels help traders identify buying and selling opportunities and avoid bad trades
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Three trading targets can be calculated from any ABC Market Swing
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If both the Stochastic and the MACD are on a buy, the Trend is up
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You can lose money trading if you are out of touch with intermediate- and short-term trends
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Computerized testing of money management rules has confirmed several old-timers rules and observations
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