Page 16 - ART® Study Manual html5 - flash

® “Home-Study Course” Study Manual Page 16

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Let me tell you a little about my trading and how I came to develop the
ART® system. My story may even resemble some of your trading
experiences.

When I started, I read every book and examined virtually every trading
system imaginable. From oscillators to powerful neural network
computers I studied it all. The one thing I found was that most systems
tried to PREDICT the market. And most failed miserably!

It seems the more we try to predict the market, the more it can’t be
done. Just as we cannot predict future life and world events, we cannot
predict future market events. The FANTASY that many traders believe
in, is that we can predict the future of price activity. The REALITY is
that we cannot. Hopefully, I’m not bursting any bubbles out there, but
better to hear it now than lose a ton of money later!

The most successful traders fully understand this concept, accept it,
believe it, and implement it. They trade based on the current
REALITY in the market VS. the FANTASY. Master traders grasp the
concept of risk and probabilities in trading. They recognize and respect
the concept of money management and stop-loss setting. In addition
they understand that trading is both a science and an art.

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