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Recent falls...how have you faired ?
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The current market tests trading discipline. Good times and strong trends make it easier to ignore trading discipline. The real test of discipline will come if the market rallies stronglyu for a few days or a week or so. Its like a sucker punch. Those who ignored stops will feelo vondicated, then when the next collapse comes, they wont act on stops (again) Unfortunately the market may conrtinue to fall and not rebound. This is the sucker punch. We cannot tell what will happen, but trading discipline protects traders against the unknown and the unexpected. Cheers Daryl
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Recent falls...how have you faired ?
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