Archive for October 20th, 2010

Yes, we use technical analysis to qualify and quantify the actions and emotions of traders to predict the future.

Yet in my view, it ultimately comes down to interpretation via judgment and “feel”.

So this morning’s tank transcript and trading remind us of:

(1) The importance of the “S” in last week’s “Sense-Trust-Act” post, as well as …

(2) The importance of raising and pressing your bets HARD when you … well, “feel” it.

For it’s never about how many pots you win … rather it’s how much you win when you’re right.

Categories : Tank Transcripts
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