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Page 76
James remembers: "Somehow, that advice clicked in me. The next day, I actually felt a sense of physical relief. The doubts and fears were gone; instead of worrying about my P&L, I was really focused on the trading process." He had one of his best days ever. Over the course of the next three weeks, his profits exceeded $15,000, and he was on his way.
What is the secret to making money consistently in the markets? Isn't that what you really want to know? Isn't that what you really bought this book to find out? Aren't you thinking that if you only had that secret, everything would be great? Don't you see . . . there is no secret!
The Three Steps to Successful Trading
To make money consistently in the markets, you only need three things:
1. A statistically valid trading plan
2. Effective money management techniques
3. The discipline to put your plan and techniques to work.
In reality, the questions you should be asking yourself are:
How do I get those three things?
How do I learn a statistically valid trading plan?
How do I learn effective money management techniques?
How do I develop the discipline to put them both to work? Until now, there has not been a readily-available answer to that question.
Training for the securities trader has been greatly fragmented. The truth is that you have had to learn about trading psychology from one authority, technical analysis from another expert, trading strategies from three or four different specialists, money management from still another source, and on and on.
There has been no single source for a curriculum that gives a complete education in trading. There has not even been agreement on what should be taught. None of the pieces of this puzzle worked together. Without a coordinated roadmap to tell you everything you need, key

 
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