Required homework -- papertrading

If you think papertrading is for novices, consider these observations. Maybe papertrading is something you should adopt as part of your daily routine.

Brett N. Steenbarger noticed that one salient difference between highly profitable traders and losing traders is that the highly profitable traders spend time doing simulated trading without real money. See

Van Tharp also reports that his research shows reveals that highly profitable traders distinguish themselves from losing traders by rehearsing their trading techniques (mentally) without using real money. See footnotes in

...cont'd tomorrow...

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