008: Gary Stone discusses market timing, why it works, the impacts it can have on performance and how to do it correctly to beat the majority of fund managers.
Better System Trader
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The Key Difference Between Amateur and Professional Traders
confidence, whilst it's a pretty difficult thing to put a finger on, is pretty intangible. It plays a major role and how well you'll execute your plan and execute your system. So when you actually get into the environment of risking a dollar, the er, you have a lot more confidence. Whereas e've ben able to verify at first, your level of confidence goes to a level whereby ounot don't guarantee outcomes, but what it does do is that tire's a higher probability that you'r actul gong to execute your plan.
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