Afternoon trading August 1, page-32

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    If ever you wanted proof that trading is 99% psychology, open a paper trading account! A proper account that records and plots trades against the market depth. The only difference between paper trading and real money trading is the psychology. So if you run the two accounts side-by-side on the same instrument, the difference between them is accounted for by psychology. The difference is huge for most people.


 
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