Jason Alan Jankovsky
More books by Jason Alan Jankovsky…
“Your best analysis is done by asking the question, 'Where is the loser?”
― Trading Rules that Work: The 28 Lessons Every Trader Must Master
― Trading Rules that Work: The 28 Lessons Every Trader Must Master
“Most traders now believe that if you have an open-trade loss after this mental dance of technical analysis has been done, somehow the analysis was not done correctly—otherwise, they would have been on the other side or waited. This illusion is what mosttraders operate under for the entire life of their trading career. The more firmly entrenched a trader is in this illusion, the greater amount of study or analysis he will do or the greater amount of money he will spend trying to develop a better technical approach.”
― Trading Rules that Work: The 28 Lessons Every Trader Must Master
― Trading Rules that Work: The 28 Lessons Every Trader Must Master
“Your best analysis is done by asking the question, “Where is the loser?” The last thing you want your analysis to do is attempt to predict price action. You want your analysis to disclose historical information. You want information that discloses where the loser is, what he is most likely thinking, and where he will most likely be forced to liquidate the losing trade.”
― Trading Rules that Work: The 28 Lessons Every Trader Must Master
― Trading Rules that Work: The 28 Lessons Every Trader Must Master
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