Psychology motivates the quality of analysis and puts it to use. Psychology is the driver and analysis is the road map.
Ed SeykotaSystems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.
Ed SeykotaIn order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.
Ed Seykota