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5 Better Ways To Use Historical Trading …data

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5 Better Ways To Use Historical Trading Data

- See more at: http://www.netpicks.com/trade-the-future-not-the-past/

Trading is all about taking a risk based on incomplete data and becoming an expert at this should lead to profitability.

Learn from the mistakes you make but make sure the lessons are the right ones.

Using historical charts can lead us astray because in hindsight, everything is obvious. So how do we avoid thinking that the past will equal the future?

Learn from the mistakes you make but make sure the lessons are the right ones. – James Boswell

Be An Expert Hindsight Trader

Looking back on the market in hindsight allows us to see the obvious, but only because we have all the facts at hand as to what subsequently happened. Reviewing the market like this is useful to the extent that you can see how it developed in respect to your various reference points.

But if you are trying to achieve the ultimate goal of being consistently profitable, then is this what you need to be looking at?

- See more at: http://www.netpicks.com/trade-the-future-not-the-past/

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